when was the new currency introduced in germany
Deutsche Mark The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaɐ̯k] ( listen), "German mark"), abbreviated "DM" or  "D-Mark" (help·info), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002. It was first issued under Allied occupation in 1948 to replace the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until the adoption of the euro. In English, but not in German, it is commonly called the "Deutschmark" (/ˈdɔɪtʃmɑːrk/).
List of currencies in Europe A currency is a medium of exchange, such as money, banknotes, and coins.[2] In Europe, the most commonly used currency is the euro; any country entering the European Union (EU) is expected to join the eurozone[3] when they meet the five convergence criteria.[4] Denmark is the only EU member which has been granted an exemption from using the euro,[3] Sweden has also not adopted the Euro, although unlike Denmark, it has not formally opted out, instead, fails to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.[5][6] For countries which hope to join the eurozone, there are five guidelines that need to be followed, grouped in the Maastricht criteria.[3]