Outline of the Euro and its effect on Germany (outline only).

Essay by sherlok3llHigh School, 10th grade May 2003

download word file, 2 pages 3.7


Table of Contents

*What is the Euro

*How the Euro relates to Germany

*Germany's Old Currency

*What other countries use the Euro

*What notes and coins the Euro uses

*Conversion Rates

*The Euros effect on the world

*Fun Facts

What is the Euro

*The Euro is one currency for Europe

*It is the currency for the European Union

*It is the legal tender in all the participating states

*It is comparable to the US dollar

How the Euro Relates to Germany

*Germany is part of the European Union and now uses the Euro

*Germany is considered the strongest country economical in the Union

*The Euro now replaces the Deutsche Mark in Germany

Germany's Old Currency

*After World War II and the division on Germany, the western powers introduced the Deutsche Mark in to West Germany

*The USSR did a similar thing in East Germany

*When the two united they used the Western Deutsche Mark, because it was stronger

Germany's Old Currency

*There are 8 different coins: 1 Pfennig, 2 Pfennig, 5 Pfennig, 10 Pfennig, 50 Pfennig, 1 Mark, 2 Mark and 5 Mark

*The German currency has 8 different bank notes: 5 Mark, 10 Mark, 20 Mark, 50 Mark, 100 Mark, 200 Mark, 500 Mark and 1,000 Mark

The Euro Countries








Coins and Notes

*There are 8 euro coins denominated in 2 and 1 euros, then 50, 20, 10, 5, 2 and 1 cents

*Every euro coin will carry a common European face

*On the obverse, each Member State will decorate the coins with their own motifs

*There are 7 euro notes

*In different colors and sizes they are denominated in 500, 200, 100, 50, 20, 10 and...