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Foreign exchange, precious metal

The Deutsche Bundesbank does not conduct transactions (purchase, vending, etc.) in foreign currencies (banknotes and coins) and precious metals with the general public (including credit institutions).

Valid foreign banknotes can still be exchanged at commercial banks and foreign exchange offices, invalid banknotes may be exchanged at the respective central banks within the therefor determined periods.

The euro legacy banknotes can still be exchanged in most cases into euro. The relevant authorities for exchange are the issuing central banks, except a short period of time directly after the introduction of euro cash. Partly a (in some cases limited) exchange of legacy coins is offered. A compilation of links to the national central bank web sites is available in the right column. Additional information about possible time limits for the exchange is available in the table below .

Exchange periods applying within the euro area

The table below gives an overview of the exchange periods for euro legacy currencies (banknotes and coins) in the individual euro-area countries.

Exchange at national central banks
CountryValidity*BanknotesCoins

*Last day on which national banknotes and coins are legal tender.

1De Nederlandsche Bank will not exchange guilders in every case. Guilders obtained from commercial activities after 27 January 2002 will no longer be exchanged. For more information, please see the website of the Bank of Netherlands.

Austria2002-02-28indefiniteindefinite
Belgium2002-02-28indefinite2004-12-31
Cyprus2008-01-312017-12-312009-12-31
Estonia2011-01-15indefiniteindefinite
Germany2001-12-31indefiniteindefinite
Ireland2002-02-09indefiniteindefinite
Latvia2014-01-14indefiniteindefinite
Lithuania2015-01-15indefiniteindefinite
Luxembourg2002-02-28indefinite2004-12-31
Malta2008-01-312018-01-312010-02-01
Netherlands12002-01-282032-01-012007-01-01
Portugal2002-02-282022-02-282002-12-31
Slovakia2009-01-16indefinite2014-01-02
Slovenia2007-01-14indefinite2016-12-31
Spain2002-02-282020-12-312020-12-31

The exact conditions for the exchange can be found on the websites of the respective banks. The exchange periods for the euro legacy currencies have expired for the following countries:

  • Italy
  • Finland
  • France
  • Greece

Additional information

National Central banks in Europe  

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Foreign banknotes which are fit for circulation can be exchanged at credit institutions and foreign exchange bureaus. Banknotes which are no longer fit for circulation can be exchanged at the respective national central banks.

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