3 ms·

Its about 2 marks to the euro apparently. For anyone not up to date with ~30 year old exchange rates.

• CRConrad 3y ago
  ~20. The Euro (or "Teuro", as it was often called in Germany at the time) was introduced in... Uh, 2000 or 2001, thereabouts.
  • benj111 3y ago
    Ok. I googled and it said ~1.9. I seem to remember it being the late 90s so that's my bad memory. Funny, we also call it t'euro in Yorkshire too!
    • pasc1878 3y ago
      It was 1st January 1999 (well sort of the banks didn't open until 3rd) The conversion rate was taken at end of business on the day before and all DEM, FRF etc trades had to be converted over the next two days.
    • CRConrad 3y ago
      Yeah, sure, about two DM to the Euro. 20 years, I meant, not 30. Betcha it doesn't mean the same in Yorkshire as in German, though: "Teuro" comes from Ger. "Teuer", expensive. (Cognate of Eng. "dear", as in "paid dearly".) Because wages halved, numerically, while many claimed prices were about the same in Euro after the change as they'd been in DM before it. Or, if not the same, still way above half, as they "should" have been for wage/price-parity to remain the same.