Money of Germany

country Monetary unit - the stamp (DEM). The national currency quotation.

After an union of two German states in 1990 of the stamp of GDR have been nullified, and in circulation there were Deutsche Marks with a date of issue, since 1960. Today there are no also they. In the unified Germany in circulation there are new dojchmarki of denomination 5, 10, 20, 50, 100, 200 and 1000 stamps, with a date of issue (will pay to this attention), beginning ñ1989 year. Circulation of tickets Bundesbanka of former years of exhaustion with 1960 for 1988 is terminated. Since July, 1st, 1995 to exchange them it is possible only in German Bundesbanke.

On all so-called portrait notes of a new series on a denomination face sheet images of this or that scientist and crop of Germany ÕVIII-ÕIÕ of centuries and a city bound to his life and activity, but a back - a plot which is referring to to a trade of a celebrity are had.

The DM (=100 pfennigam) belongs to freely convertible currencies.

Germany a long time was observed as the candidate for introduction of a uniform european currency. However taken place in the beginning of April, 1997 meeting of chairmen tsentrobankov the countries - candidates on sharing in the uniform eurocurrency - the major event on world financial markets of the world - has come to conclusion, that parametres of Germany do not respond any of conditions of its introduction. And to all formal criteria there matches only France. All it has led to Deutsche Mark exchange rate falling: against the dollar it snizilja to 1,72 DEM for 1 USD. Besides, some Russian jars have in turn hauled down DM - as a result the tourists who have purchased it (DEM on the abundance to Russia goes after US dollar) could save on each one thousand dollars till 70-80 USD. As well as many other things HARD CURRENCY to purchase cash DM it is more favourable in Russia.

It is simple to change HARD CURRENCY and in the Germany. On many cash dispenses installed at the airports, buildings of railroad stations, banks, large shops at times it is possible to see an inscription in pure Russian: the Request not to knock on a cash dispense. But our compatriots gradually get used and to the international plastic cards. However, does not do without incidents and misunderstanding. It does not mean, that you remained abroad without money. The Issuing bank provides urgent delivery of cash to the client who on the various causes cannot use the card. For this purpose it is necessary to address to any bank of a payment system, and in 24 hours you gain the sum which size is defined by an issuing bank.

And what to do, if the cash dispense swallows your card without an explanation of the causes? If you guess, that there was it under the issuing bank order it is necessary to contact it and to find out the cause. In all other cases vsleduet within three working days to address to bank to which posesses a cash dispense. On the fluxion of this term the card will be referred to in your bank or annihilated. Both in that and in other case to you not to avoid financial losses.