Euro vs. DM

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Important Facts and other German topics.

What is a Euro?

Euro vs. DM

A Euro is approximately twice as much as a DM. So, a Euro would be approximately the same as a $ (one American Dollar, though it does not have the same buying power). Most Germans - as of October 2003 - are still thinking of the Euro as "twice a DM". Why is that? Because they are getting 1/2 the same amout of Euros for twice the same amout of DM's for their labor. What is boils down to is that Germany is getting totally expensive.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this German Tip Site? Request a Tip Now!


Guru Spotlight
Mary White