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1.83 million Deutschmarks exchanged in Saxony and Thuringia

Although the euro cash changeover took place more than 20 years ago, D-Mark bills and coins can still be found. In Saxony and Thuringia, large sums were also exchanged for euros in 2023.

D-Mark banknotes and coins lie on the table at the Bundesbank branch in Rostock. Photo.aussiedlerbote.de
D-Mark banknotes and coins lie on the table at the Bundesbank branch in Rostock. Photo.aussiedlerbote.de

Currency - 1.83 million Deutschmarks exchanged in Saxony and Thuringia

People are still finding Deutschmarks when clearing out, moving house or after the death of relatives. In Saxony and Thuringia, a total of 1.828 million Deutschmarks were exchanged for euros this year up to the end of November, according to the Bundesbank. In return, people received around 935,000 euros at the Bundesbank branches in Chemnitz, Leipzig and Erfurt. In the same period last year, just under 1.4 million Deutschmarks were exchanged.

Coins and bills worth billions are still in circulation throughout Germany: According to the Deutsche Bundesbank, the value of cash not yet exchanged amounted to just under 12.2 billion marks (around 6.24 billion euros). The central bank assumes that some of this is also located outside Germany.

Consumers can exchange D-Mark bills and coins for an unlimited period and free of charge at all 31 branches of the Deutsche Bundesbank or by post via the Bundesbank branch in Mainz. The exchange rate remains unchanged: One euro can be exchanged for 1.95583 D-Mark.

Head office in Saxony and Thuringia

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Source: www.stern.de

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