sat, 26 dec 2015, 15:33

“Still a lot of German marks in circulation’

FRANKFURT –

Fourteen years after the introduction of the euro are still 12.9 billion German marks in circulation. Translated that means a total of 6.6 billion euro, it appears, according to German media, new figures from the Bundesbank.

Banknote of 10 DMark
Photo: Wikimedia Commons

It is still possible to have old D-marche in, to exchange with the German central bank. This can be an affiliate of the bank or through the post.

The Dutch guilder was five years ago for less than a billion in circulation, of which more than half of it in coins. Coins were then also not more inleverbaar at the De Nederlandsche Bank (DNB). Old English paper money until January 2032 will be reduced.

From the new German figures shows that in germany last year, a small 100 million D-mark is exchanged. Five years ago, at the end of 2010, according to the Bundesbank still nearly 13.5 billion D-marken in circulation.

To the return of the old money a little boost, was there in may this year, also a remarkable initiative in the village of Gaiberg in the German state of Baden-Württemberg. People were in the place a month back with D-marken pay. So gathered local entrepreneurs, old coins and notes in.

It remains to guess why there are still so many marche have not been submitted. Experts suggest that a part, mainly coins and the smaller notes, in the hands of collectors. The Bundesbank thinks that there is also a part of the money is lost. People, for example, can forget that they are in an old box in the attic yet what marks are. The D-mark is in the past also used as means of payment in Kosovo and Montenegro.