Deutsche Mark Converter
Convert Deutsche Mark to euros — exchange rate and real purchasing power.
Convert Deutsche Mark amounts from 1958 to 2001 into euros and see their real value today, based on the official German consumer price index.
Frequently Asked Questions
How much is one Deutsche Mark worth in euros?
One Deutsche Mark equals 0.51 euro. The rate of 1 euro = 1.95583 DM was fixed irrevocably on 31 December 1998 and will never change. It reflects face value only, not purchasing power.
Can Deutsche Mark still be exchanged today?
Yes, without a deadline and free of charge at the Deutsche Bundesbank, either at a branch or by post via the Mainz branch. Germany is one of the few eurozone countries with no exchange deadline.
Why is the purchasing power higher than the exchange value?
The exchange rate only converts money into money. Purchasing power also accounts for prices having risen since. 100 DM from 1990 convert to 51.13 euro, but buying the same goods today takes roughly twice that.