Pfennig Pfennig The pfennig (; pfennigs or ; symbol Pf. or ₰) or penny is a former German coin or note, which was official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City
2 euro coin maximum volumes of coins that the individual countries may issue. "Unlike banknotes, euro coins are still a national competence and not the ECB's. If a euro area country intends to issue a €2 commemorative coin it has to inform the European Commission. There is no reporting by euro area countries to the ECB. The Commission publishes the information in the multilingual Official Journal of the EU (C series). The Official Journal is the authoritative source upon which the ECB bases its website updates on euro coins. The reporting process, the translation into 22 languages and publishing lead to unavoidable delays.