Overview
- In 2024, 53 million Deutsche Marks (DM), worth approximately 27.2 million Euros, were exchanged, a slight decrease from 58 million DM in 2023.
- Despite ongoing exchanges, around 12.2 billion DM, equivalent to 6.24 billion Euros, remain unreturned, including 163 million banknotes and over 23 billion coins.
- The Bundesbank estimates some DM are lost or held abroad, as the currency was widely used internationally before the Euro's adoption in 2002.
- Germany is one of six Eurozone countries offering unlimited and free exchange of its former national currency into Euros at a fixed rate of 1 Euro for 1.95583 DM.
- Unusual finds, such as buried cash or damaged notes, occasionally surface, with the Bundesbank processing these exchanges when possible.