Over 53 Million D-Mark Exchanged for Euros in 2024, But Billions Remain Unreturned

The Deutsche Bundesbank reports a decline in D-Mark exchanges compared to 2023, with 12.2 billion D-Mark still missing globally.

In 2024, the Bundesbank exchanged approximately 53 million D-Mark, equivalent to 27.2 million Euros, a decrease from 58 million D-Mark in 2023.
Bavaria and North Rhine-Westphalia led the exchanges, with each region accounting for around 10 million D-Mark converted to Euros.
The average exchange per transaction was 542 D-Mark, with the 100-D-Mark note and 1-Pfennig coin being the most frequently submitted denominations.
An estimated 12.2 billion D-Mark, valued at 6.24 billion Euros, remains unreturned, with much of it believed to be lost, destroyed, or held abroad.
Germany is one of six Eurozone countries allowing unlimited D-Mark-to-Euro exchanges, with a fixed rate of 1 Euro per 1.95583 D-Mark.