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Merk of Charles II, 1671. The merk (Scottish Gaelic: marg) is a long-obsolete Scottish silver coin.Originally the same word as a money mark of silver, the merk was in circulation at the end of the 16th century and in the 17th century.
The German mark was replaced by the euro, first as an accounting currency on 1 January 1999, at a conversion rate of 1.95583 marks per euro. Thereafter, the mark-denominated notes and coins represented the euro at that conversion rate, and remained legal tender until 1 January 2002, when they were replaced by euro notes and coins.
Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
The Scottish currency was later devalued relative to sterling by debasement of its coinage. [citation needed] By the time of James III, one pound Scots was valued at five shillings sterling. [citation needed] Silver coins were issued denominated in merk, worth 13s.4d. Scots (two-thirds of a pound Scots).
Simple euro calculator (Germany) A euro calculator is a type of calculator in European countries (see eurozone) that adopted the euro as their official monetary unit. It functions like any other normal calculator, but it also includes a special function which allows one to convert a value expressed in the previously official unit (the peseta in Spain, for example) to the new value in euros, or ...
Americans who have been dreaming about a vacation in Europe have a perfect combination of price and opportunity this summer -- one based on a slumping euro vs. the U.S. dollar, and the other based ...