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Updated January 16, 2021

What is a D-Mark?

D-mark is slang for deutschmark, the national currency of Germany until it joined the European Union in 2002.

How Does a D-Mark Work?

For example, let's say you're at a cocktail party looking to impress some Wall Street currency traders. If you want to sound like you know what you're talking about, you could say something like, "I bet Chancellor Merkel is bummed that she didn't stick to the D-mark. The rest of the EU is really dragging down the euro."

Why Does a D-Mark Matter?

The deutschmark was Germany's national currency until 2002. The currency was one of the most valuable in the world. Germany now uses the euro.

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Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers.

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