Conversion Input
Key Facts
Conversion Results
Historical Currency Analysis
Deutsche Mark Value Over Time (1950-2001)
Currency Distribution Comparison
Inflation Calculator
Understanding Inflation
Inflation measures how much the purchasing power of money decreases over time. 100 Deutsche Mark in 1950 had significantly more purchasing power than 100 DM in 2001, even though it's the same nominal amount. This calculator shows you the inflation-adjusted value to understand what historical amounts are worth in today's money.
Inflation Milestones
Deutsche Mark Information
Historical Overview
The Deutsche Mark (DM) was the official currency of West Germany from 1948 to 1990, and of unified Germany from 1990 to 2002. It was one of the world's strongest currencies and became a symbol of the German economic miracle (Wirtschaftswunder). On January 1, 2002, the Deutsche Mark was replaced by the Euro at a fixed rate of 1.95583 DM per EUR.
Key Historical Facts
Currency Denominations
1, 2, 5, 10, 50 Pfennig
1, 2, 5 Mark
5, 10, 20, 50, 100
200, 500, 1000 Mark
Exchange to Euro
The conversion rate between Deutsche Mark and Euro was permanently fixed on December 31, 1998, at 1 EUR = 1.95583 DM. This means that 1 Deutsche Mark equals approximately 0.51129 Euros. The Deutsche Mark ceased to be legal tender on February 28, 2002, but German banks still exchange DM coins and banknotes for euros indefinitely.