D-Mark
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.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
