What happens to the money after the transition?  

Módosítva                                                       2005.03.30.                                                       Create date

The old currencies of the Eurozone lose their value after 1 March 2002. From that time neither stores nor commercial banks accept the local money. Only national banks deal with exchanging it. In case of the coins they guarantee to do it for 1 to 10 years, in case of the notes some for 20 to 30 years, some forever. There is a considerable amount of money that citizens retain as souvenirs, as most of them would like to have some of the last national notes and coins. If everyone decided to put away only a little amount of the local money worth a few Euros, that would mean billions of Euros. German coin collectors could sense it and started a remarkable campaign making millions of Germans want to hold on to the 1, 2, 5, 10 and 50 pfennigs and 1, 2 and 5 marcs.
 

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Az € előzménye
Az € megszületése
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A pénz funkciói
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After the transition

 

 

 

 

 

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Utoljára frissítve: 2005.03.30.