What was Germany's currency before the euro?

The Deutsche Mark was officially replaced by the euro on January 1, 2002, marking a significant shift for Germany and other European Union countries towards a unified currency. Prior to this transition, the Deutsche Mark was a symbol of economic stability and prosperity in Germany. It was highly valued by the German people and known for its strong purchasing power compared to other currencies.

The transition to the euro was part of a broader effort to integrate European economies and facilitate easier trade and travel within the EU. Despite initial skepticism, the euro has become a central part of the European financial system. The Deutsche Mark's legacy remains, as it was considered one of the world's most stable currencies, often referred to as a 'hard currency'. This reputation was built on its consistent value and reliability, which played a crucial role in Germany's post-war economic recovery and growth.