Germany Loving

  While technology companies and banks fight over how payments will evolve in the future, Germany remains cash-heavy. On average, German wallets hold twice as much cash than their more advanced counterparts in France, the United States, or Australia. Cash can help explain this trend due to Germany's troubled monetary history; after Walter Rathenau's assassination in 1922, many had lost faith in paper currency. What is the currency used in Germany? Germany uses the Euro as its official currency, along with 19 European nations that comprise the Eurozone. It can be represented visually using a "EUR" sign; however, stores and online are more likely to show just its ISO code of EUR instead. Banknotes issued under this denomination can be broken down into 100 cents each. Germany became one of the founding members of the Eurozone on January 1, 1999, when they adopted it. Prior to this point, their currency had been the Deutsche Mark; during a transitional period when both E