Changing Deutsche marks into Euros ?

Hi,

Just having a clearout and found 280 DM in notes. Can I still change
these into Euros (I guess I need to be in Germany to do this) ?
Wikipedia is saying the Bundesbank will do it but I think thats the
central bank rather than a high street bank.

Thanks, TonyW

tonywye@ wrote:

>Just having a clearout and found 280 DM in notes. Can I still change
>these into Euros (I guess I need to be in Germany to do this) ?
>Wikipedia is saying the Bundesbank will do it but I think thats the
>central bank rather than a high street bank.
^
Wikipedia is correct, but some bigger shops or some hotels (like us)
still accept the DM for payment.

Greetings from Cologne

Andreas

tonywye@ schrieb:
> Hi,
>
> Just having a clearout and found 280 DM in notes. Can I still change
> these into Euros (I guess I need to be in Germany to do this) ?
> Wikipedia is saying the Bundesbank will do it but I think thats the
> central bank rather than a high street bank.
>
> Thanks, TonyW
>

You could sell them on eBay and get almost face value.
BTW - how old are they?

T.

"Andreas H. Zappel" <az-deletethis@ch-is.net> wrote in message
news:9hcgm2pqiq1imak3bgu56pmbm9ijhcnhtu@...
> tonywye@ wrote:
>
>>Just having a clearout and found 280 DM in notes. Can I still change
>>these into Euros (I guess I need to be in Germany to do this) ?
>>Wikipedia is saying the Bundesbank will do it but I think thats the
>>central bank rather than a high street bank.
> ^
> Wikipedia is correct, but some bigger shops or some hotels (like us)
> still accept the DM for payment.
>
> Greetings from Cologne

I understand that any Eurozone Central Bank will change them,
not just the German one.

tim

"tim\(yet another new home\)" <tims_new_home.uk> wrote:

>>>Just having a clearout and found 280 DM in notes. Can I still change
>>>these into Euros (I guess I need to be in Germany to do this) ?
>>>Wikipedia is saying the Bundesbank will do it but I think thats the
>>>central bank rather than a high street bank.
>> Wikipedia is correct, but some bigger shops or some hotels (like us)
>> still accept the DM for payment.
>
>I understand that any Eurozone Central Bank will change them,
>not just the German one.

Only the "Deutsche Bundesbank" will accept the DM.

There was a period of several month (up to one year AFAIR) after the
chenge to the EUR when every Central Bank of the EUR countries did
accept the notes and coins of the other EUR countries.

And if I remember correct it is only the Deutsche Bundesbank which is
still acepting the "old" german currency, all the other EUR countries
did stop the change already.

Greetings from Cologne

Andreas

tonywye@ wrote:
> Hi,
>
> Just having a clearout and found 280 DM in notes. Can I still change
> these into Euros (I guess I need to be in Germany to do this) ?
> Wikipedia is saying the Bundesbank will do it but I think thats the
> central bank rather than a high street bank.
>
> Thanks, TonyW
Generally the high street banks will not change them now, but each of
the lander central banks will do so , I believe . notes and coins. at
the fixed rate no surcharges. There is still vast hords of DMs about .

On Sat, 25 Nov 2006, tonywye wrote

> Just having a clearout and found 280 DM in notes. Can I still change
> these into Euros (I guess I need to be in Germany to do this) ?
> Wikipedia is saying the Bundesbank will do it but I think thats the
> central bank rather than a high street bank.

The places you're looking for are actually called "Landeszentralbank".
There should be one in any important city.

--
Yves Bellefeuille <yan@storm.ca>
Google users: To reply to posts, click "show options" next to the
poster's name, and then click "Reply" in the line that says:
"Reply | Reply to Author | Forward | Print | Individual Message"

"tim\(yet another new home\)" <tims_new_home.uk> wrote:

>> And these national banks did have a period to exchange the national
>> cash. And this period was from a few month (6 month if I remember
>> right) up to never ending (for the german national bank). In some
>> countries they accepted coins for a shorter period and notes for a
>> longer one.
>>
>
>Maybe, but I'm not quite sure why you are writing this in the
>past tense.

Because in most countries the period was around five years. Only 2 or
3 countries have a longer period.

>There is, as yet, no central bank that will not accept bank
>notes for exchange (save the complicated rules in NL)

AFAIK the portugese central bank did change the notes for one year
only.

Greetings from Cologne

Andreas

"Andreas H. Zappel" <az-deletethis@ch-is.net> wrote in message
news:60dim2lfv3kijbep22pubarvjrpijqs3nq@...
> "tim\(yet another new home\)" <tims_new_home.uk> wrote:
>
>>> And these national banks did have a period to exchange the national
>>> cash. And this period was from a few month (6 month if I remember
>>> right) up to never ending (for the german national bank). In some
>>> countries they accepted coins for a shorter period and notes for a
>>> longer one.
>>>
>>
>>Maybe, but I'm not quite sure why you are writing this in the
>>past tense.
>
> Because in most countries the period was around five years. Only 2 or
> 3 countries have a longer period.
>
>>There is, as yet, no central bank that will not accept bank
>>notes for exchange (save the complicated rules in NL)
>
> AFAIK the portugese central bank did change the notes for one year
> only.
>

Then you obviously didn't read the web page that you
were directed to

Half the Euro countries will change notes forever
and all will change them until 2012.

tim

tim(yet another new home) schrieb:
> "Andreas H. Zappel" <az-deletethis@ch-is.net> wrote in message
> news:60dim2lfv3kijbep22pubarvjrpijqs3nq@...
>> "tim\(yet another new home\)" <tims_new_home.uk> wrote:
>>
>>>> And these national banks did have a period to exchange the national
>>>> cash. And this period was from a few month (6 month if I remember
>>>> right) up to never ending (for the german national bank). In some
>>>> countries they accepted coins for a shorter period and notes for a
>>>> longer one.
>>>>
>>> Maybe, but I'm not quite sure why you are writing this in the
>>> past tense.
>> Because in most countries the period was around five years. Only 2 or
>> 3 countries have a longer period.
>>
>>> There is, as yet, no central bank that will not accept bank
>>> notes for exchange (save the complicated rules in NL)
>> AFAIK the portugese central bank did change the notes for one year
>> only.
>>
>
> Then you obviously didn't read the web page that you
> were directed to
>
> Half the Euro countries will change notes forever
> and all will change them until 2012.
>
> tim
>
>

As the season of Peace and Good Tidings for All Mankind is
approaching, I can only recommend all NG readers to give their old
currency to the Red Cross. Not only will you save yourselves a lot of
work, but you will
get that warm fuzzy feeling for having done some good.


T.