DM

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DM is the commonly used abbreviation for the Deutsche Mark, the former official currency of West Germany and later unified Germany before the adoption of the euro.

Aliases (1)

Statements (48)
Predicate Object
instanceOf fiat currency
former currency
abbreviation DM
banknoteIssuer Deutsche Bundesbank
becameCurrencyOf East Germany
Federal Republic of Germany
West Berlin
unified Germany
becameCurrencyOfDate 1990-07-01
cashReplacedByDate 2002-01-01
category Currencies of Europe
Modern obsolete currencies
centralBank Deutsche Bundesbank
coinIssuer Federal Republic of Germany
commonAbbreviation DM
country Germany
dateExchangeRateFixed 1998-12-31
denominationSystem decimal
endOfUseAsSoleGermanCurrency 2002-02-28
exchangeability can be exchanged for euros at Deutsche Bundesbank
exchangeRateToEuroFixed 1 euro = 1.95583 Deutsche Mark
introduced 1948
introducedBy Bank deutscher Länder
introducedInTerritory West Germany
ISO4217Code DEM
languageOfName German
legalTenderEnded 2002-02-28
monetaryPolicyAuthority Deutsche Bundesbank
officialName Deutsche Mark
precededBy Reichsmark
region Western Europe
replacedBy euro
replacedByDate 1999-01-01
replacedCurrency Allied Military Mark
Reichsmark
startOfUseAsSoleGermanCurrency 1990-07-01
status no longer legal tender
subunit Pfennig
subunitToUnit 100 Pfennig = 1 Deutsche Mark
succeededBy euro
symbol DM
usedFor retail payments
wholesale payments
usedIn East Germany
Germany
West Germany
usedInHistoricalEvent German economic miracle
German reunification

Referenced by (5)

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