The course of German currency: Deutsche Mark is issued by Deutsche Bank, and 1 mark equals 100 finney. The denominations of banknotes in circulation are 5, 65, 438+00, 20, 50, 65, 438+000, 200, 500 and 65, 438+0000 marks.
Euro is the currency of EU 19 countries. The 19 members of the euro are Germany, France, Italy, Netherlands, Belgium, Luxembourg, Ireland, Spain, Portugal, Austria, Finland, Lithuania, Latvia, Estonia, Slovakia, Slovenia, Greece, Malta and Cyprus.
The prospect of monetary union is bright.
Money has always been a strategic tool to exercise monetary power over other countries in pursuit of national interests. Due to the development of economic globalization, three fundamental changes in the international system-the end of the cold war, the decentralization of monetary power and the development of financial markets-have created great opportunities for the implementation of monetary power.
Therefore, the highest significance of the euro is that Europe is expected to weaken the hegemonic position of the dollar by creating a strong currency and a strong regional monetary system arrangement, so as to seek the interests of Europe, which will have a far-reaching impact on the international monetary system.