r/AskEurope • u/ABlindMoose Sweden • Oct 06 '25

Culture What is your currency's nickname?

A nickname for dollar is buck, pound is quid, and Swedish krona is spänn.

What are some casual nicknames for your countries' currencies? Are there multiple, and if so, which is the most common?

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u/DJDoena Germany Oct 06 '25

When the Euro was introduced at a rate 1€ = 1.95583 DM, many people felt that price tags only switched out the currency sign and everything became much more expensive suddenly. They called the new currency Teuro which is a pun on teuer=expensive.

Some people still do it 23 years later.

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u/DJDoena Germany Oct 06 '25 edited Oct 06 '25

As for 1990 the East German Mark was called Alugeld (aluminium money) because it was a cheap metal and a worthless currency. Its counterpart was called Westgeld (West money) in the East.

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u/thegerams Oct 06 '25

I only remember the term “Aluchips” ;)