If you are planning to visit Germany, an important part of the planning is to acquaint yourself with the Germany currency. Know-How of the Germany currency is not only important for you to exchange local money against the Germany currency, but it also helps you to manage your finances better. Following is brief information about the Germany currency that will prove beneficial for you before your travel to Germany.

National Currency of Germany

The Germany currency is Euro since its inclusion in the EU which has Euro as the official currency. The Euro is the currency adopted by 19 out of 28 members state of the European Union, the countries which are grouped together as the Eurozone. Due to its wide use, Euro is considered the second most traded currency in the foreign exchange market after the United States dollar and Pounds. 

Details About Germany Currency

The Germany currency, Euro is divided into 100 cents and is represented by the symbol €. The coins of the Euro are issued in denominations of 2 euros, 1 euro, 50 cents, 20 cents, 10 cents and so on. Germany currency notes are an issue in 500 euro, 200 euros, 100 euros and so on. The name of the Germany currency was officially adopted in1995, and it wasn’t until four years later that it was recognized by the world. The exchange rate between Euros and Pakistani rupees states that 1 Euro is equal to 144.94 Pakistani rupees, but one should check the up-to-date exchange rate.

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