Currency
Since January 2002 the Euro has been the official currency in Germany. Among 15 European countries, Germany was one of the first EU member states that introduced the new currency. The Euro replaced the Deutsche Mark, which had been used as a means of payment from 1948 until 2001.
The abbreviation of Euro is EUR and the Euro sign is €. It is also the official currency of the Euro zone as well as of Monaco, San Marino and the Vatican. The Euro is the second largest reserve currency as well as the second most traded currency in the world after the U.S. dollar. There are 1-, 2-, 5-, 10-, 20-; und 50 Cent coins as well as 1 Euro und 2 Euro coins. The most used notes are 5-, 10-, 20- and 50 € and the less frequently used notes are 100-, 200-, und 500 € notes.
66,000 German tourists travelled to New Zealand in 2009 making the German tourist New Zealand’s seventh largest group – but in spending terms they are recognised as one of New Zealand’s most important groups, partially due to the length of their average stay.
