Mark is the euro, according to the exchange rate on December 05, 2019, 1 euro = 7.8067 yuan, and 1 RMB = 0.1281 Euros. For example: The bottle of old godmother RMB 15 yuan, then Korean won: 15*0.1281 euros = 1.9214 Euros; = 15.6134 yuan. Macide will be the currency unit of the Federal Republic. On June 20, 1948, the German Western Zoco-district implemented monetary reform and issued Federal German Mark, which officially replaced the Empire Mark, which was opened in 1924-1948. Pelasia after the unification of virtues, starting from July 1, 1990, through the country. The auxiliary currency is PFENNIG. 1 German Mark is equal to 100 Finney. The amount of banknote in circulation is 5, 10, 20, 50, 100, 200, 500, 500, and 1,000 marks, and the coin noodles are 1, 2, 5, 10 marks, and 1, 2, 5, 10, and 50 Finni. Starting circulation from July 1, 2002, was replaced by the euro. Pucting information: The advantages and disadvantages of RMB appreciation: 1. The appreciation of the renminbi can reduce the pressure of inflation and effectively cool the overheated macroeconomic. Due to the underestimation of the RMB exchange rate, a large amount of hot money in the world flowed into China, causing economic overheating and expanding real estate bubbles. The appreciation of the renminbi can solve this problem more effectively. 2, the rapid appreciation of the renminbi will reduce foreign direct investment. If the RMB appreciates, it means that foreign investors pay more US dollars in the corresponding amount, and the consequence is that foreign capital decreases. 3, the economic effect of RMB appreciation is equivalent to comprehensively increasing the price of export products. The consequences are of course suppressing exports, which is obviously not conducive to economic development. Reference materials Source: Baidu Encyclopedia-RMB exchange rate
1 Mark is equivalent to 1.5601.1 Macan to RMB 10.791. But now the Germans almost do not need Mark, and they have changed the euro uniformly. The currency unit of the Federal Republic of Germany. On June 20, 1948, the German Western Zoco-district implemented monetary reform and issued Federal German Mark, which officially replaced the Empire Mark, which was opened in 1924-1948. After the unification of the two virtues, from July 1, 1990, it passed through the country. The auxiliary currency is PFENNIG. 1 German Mark is equal to 100 Finney. The amount of banknote in circulation is 5, 10, 20, 50, 100, 200, 500, 500, and 1,000 marks, and the coin noodles are 1, 2, 5, 10 marks, and 1, 2, 5, 10, and 50 Finni. Starting circulation from July 1, 2002.
Renminbi = 0.2064 German Mark 1 German Mark = 4.8439 yuan The exchange rate data is provided by Hexun Foreign Exchange. In the euro, Mark in Germany exited the historical stage.
Currency name German Mark 1 German Mark = 4.5914 RMB Mark is abolished and cannot be replaced. It now in the European trading market, Mark, Germany's 50 yuan, has a new value of 2,800 euros.
Mark is the euro, according to the exchange rate on December 05, 2019, 1 euro = 7.8067 yuan, and 1 RMB = 0.1281 Euros.
For example:
The bottle of old godmother RMB 15 yuan, then Korean won: 15*0.1281 euros = 1.9214 Euros;
= 15.6134 yuan.
Macide will be the currency unit of the Federal Republic. On June 20, 1948, the German Western Zoco-district implemented monetary reform and issued Federal German Mark, which officially replaced the Empire Mark, which was opened in 1924-1948.
Pelasia after the unification of virtues, starting from July 1, 1990, through the country. The auxiliary currency is PFENNIG. 1 German Mark is equal to 100 Finney. The amount of banknote in circulation is 5, 10, 20, 50, 100, 200, 500, 500, and 1,000 marks, and the coin noodles are 1, 2, 5, 10 marks, and 1, 2, 5, 10, and 50 Finni. Starting circulation from July 1, 2002, was replaced by the euro.
Pucting information:
The advantages and disadvantages of RMB appreciation:
1. The appreciation of the renminbi can reduce the pressure of inflation and effectively cool the overheated macroeconomic. Due to the underestimation of the RMB exchange rate, a large amount of hot money in the world flowed into China, causing economic overheating and expanding real estate bubbles. The appreciation of the renminbi can solve this problem more effectively.
2, the rapid appreciation of the renminbi will reduce foreign direct investment. If the RMB appreciates, it means that foreign investors pay more US dollars in the corresponding amount, and the consequence is that foreign capital decreases.
3, the economic effect of RMB appreciation is equivalent to comprehensively increasing the price of export products. The consequences are of course suppressing exports, which is obviously not conducive to economic development.
Reference materials Source: Baidu Encyclopedia-RMB exchange rate
1 Mark is equivalent to 1.5601.1 Macan to RMB 10.791. But now the Germans almost do not need Mark, and they have changed the euro uniformly.
The currency unit of the Federal Republic of Germany. On June 20, 1948, the German Western Zoco-district implemented monetary reform and issued Federal German Mark, which officially replaced the Empire Mark, which was opened in 1924-1948. After the unification of the two virtues, from July 1, 1990, it passed through the country. The auxiliary currency is PFENNIG. 1 German Mark is equal to 100 Finney. The amount of banknote in circulation is 5, 10, 20, 50, 100, 200, 500, 500, and 1,000 marks, and the coin noodles are 1, 2, 5, 10 marks, and 1, 2, 5, 10, and 50 Finni. Starting circulation from July 1, 2002.
Renminbi = 0.2064 German Mark
1 German Mark = 4.8439 yuan
The exchange rate data is provided by Hexun Foreign Exchange. In the euro, Mark in Germany exited the historical stage.
Today's market price is 1 German Mark = 4.8439 yuan
Currency name German Mark
1 German Mark = 4.5914 RMB
Mark is abolished and cannot be replaced.
It now in the European trading market, Mark, Germany's 50 yuan, has a new value of 2,800 euros.