A unit of currency in the Federal Republic of Germany. 1June 20th, 948, the currency reform was carried out in the occupied area of western Germany, and the Federal Deutsche Mark was issued, which officially replaced the popular Imperial Mark1924-1948. After the reunification of Germany, 1990 started in July and passed through the whole country. The token is finney.

Deutsche mark is the currency name of the former Germany, referred to as mark for short. On June 2002, 65438+1 October1,the euro was officially used in Europe, and Mark retired from the historical stage.

Currency category refers to the currency names in the world today. Now every country has its own currency, with various types and different names.

From the payment point of view of international trade, it can be roughly divided into two categories: freely convertible currency, also known as convertible currency. The holder of this currency can change it into the currency of any other country without any restrictions. At present, more than 50 countries in the world have accepted the terms of the agreement of the International Monetary Fund on currency convertibility, and the currencies of these countries are considered as freely convertible currencies.

Among them, there are mainly US dollars, British pounds, national marks, Japanese yen, Swiss francs, Italian lira, Dutch guilders, Belgian francs, Danish krona, Swedish krona, Norwegian krona, Austrian schilling, Hong Kong dollars, Canadian dollars, Australian dollars and Singapore dollars.

Non-convertible currencies can be divided into limited convertible currencies and non-convertible currencies. The former refers to the currency that a country allows payment and capital transfer in international economic exchanges, but imposes various restrictions; The latter refers to the currency of a country with a completely closed economy. China's RMB is a non-convertible currency.

Five world currencies, namely, USD, EUR, GBP, JPY and AUD:

1. At present, the US dollar is the highest currency in the world and the base currency in foreign exchange.

2. The circulation of the euro is second only to the US dollar, and the euro is one of the currencies of the EU 18 countries.

3. The payment currency ratio of GBP 20 14 is 9.44%. Even when Britain was a member of the European Union, it did not join the euro zone, and the pound has always been the main currency.

4. Japanese yen is customized by 187 1 and is also one of the commonly used reserve currencies.

5. The Australian dollar is the legal tender of the Commonwealth of Australia, which was issued on February 1966.