Even twenty years after the introduction of euro cash, D-Mark notes and coins worth billions have not yet been returned. According to the Deutsche Bundesbank, the total value at the end of November was 12.35 billion marks. This corresponds to 163.8 million notes and more than 23 billion coins, which also include the 10-mark special coins. Some of the old D-Mark holdings will probably never be exchanged – partly because collectors have secured them. According to the Bundesbank, a considerable part is also likely to be located abroad, as the mark was a popular reserve currency that was used around the world. In total, banknotes and coins with a total value of 43.1 million marks (equivalent to around 22 million euros) were exchanged at the Deutsche Bundesbank this year. The exchange rate is unchanged: You get one euro for 1.95583 Deutschmarks.
Bundesbank – Germans hang on to the Mark – economy
