In 1585, Frankfurt traders established a system of exchange rates for the various currencies that were circulating to prevent cheating and extortion. Therein lay the early roots for the Frankfurt Stock Exchange.
In 1914, the citizens founded the University of Frankfurt, later named Goethe University Frankfurt. This marked the only civic foundation of a university in Germany; today it is one of Germany's largest.
Frankfurt is the largest city in the federated state of Hesse in the western part of Germany.
Dornbusch became a city district in 1946. It was created on territory that had formerly belonged to Eckenheim and Ginnheim.
Bergen-Enkheim was the last suburb to become part of Frankfurt on 1 January 1977.
Frankfurt's youngest city district is Frankfurter Berg. It was part of Bonames until 1996.
Kalbach was officially renamed Kalbach-Riedberg in 2006 because of the large residential housing development in the area known as Riedberg.
Climate change elevates the number of hot days. In the year of 2018, there have been recorded 108 days with a maximum of over 25 °C and 43 days with a maximum of over 30 °C (compared to 52 and 13 days on average per year between 1981 and 2010). The overall tendency for higher temperatures can be seen when comparing the climate data from 1981 to 2010 with the data from 2010 to 2020. It is getting sunnier, drier and warmer.
The growing season is longer when compared to the rest of Germany, thus resulting in an early arrival of springtime in the region.
The most recent mayoral election was held on 25 February 2018, with a runoff held on 11 March, and the results were as follows:
The Frankfurt am Main city council (Stadtverordnetenversammlung) governs the city alongside the mayor. It is located in the city's medieval town hall, Römer, which is also used for representative and official purposes. The most recent city council election was held on 14 March 2021, and the results were as follows:
Delegates from Frankfurt often serve high-ranking positions in Hessian politics, e.g. Michael Boddenberg is Hessian Minister of Finance and Boris Rhein was elected President of the Landtag of Hesse in 2019.
Nicola Beer resigned as a member of parliament in 2019 following her election to the European Parliament where she now serves as vice president.
St. Paul's was partially destroyed in World War II, particularly its interior, which now has a modern appearance. It was quickly and symbolically rebuilt after the war; today it is used mainly for exhibitions and events.
The Archaeological Garden contains small parts of the oldest recovered buildings: an ancient Roman settlement and the Frankfurt Royal Palace (Kaiserpfalz Frankfurt) from the sixth century. The garden is located between the Römerberg and the cathedral. It was discovered after World War II when the area was heavily bombed and later partly rebuilt. The remains were preserved and are now open to the public. From 2013 until 2015 an event building, the Stadthaus ("City house"), has been built on top of the garden, but it remains open to the public free of charge.
The Eiserner Steg (Iron Bridge) is a pedestrian-only bridge across the Main that connects Römerberg and Sachsenhausen. It was built in 1868 and was the second bridge to cross the river. After World War II, when it was blown up by the Wehrmacht, it was quickly rebuilt in 1946. Today some 10,000 people cross the bridge on a daily basis.
The Frankfurter Hof is a landmarked hotel in the city centre at Kaiserplatz, built from 1872 to 1876. It is part of Steigenberger Hotels group and is considered the city's most prestigious.
None of the buildings constructed during the 1980s surpassed Silberturm. The most famous buildings from this decade are the Deutsche Bank Twin Towers at Taunusanlage, both 155.0 metres tall.
Not directly located on the northern riverbank in the Altstadt district are:
The streets of central Frankfurt are usually congested with cars during rush hour. Some areas, especially around the shopping streets Zeil, Goethestraße and Freßgass, are pedestrian-only streets. Car parks are located throughout the city and especially in the city centre.
This Station, located in Bockenheim, is served by north-heading Long-Distance ICE trains, multiple regional trains, and four commuter S-Bahn lines (S3, S4, S5, S6). Additionally, it is an important terminal stop for three "Metrobus" lines (M32, M36, M73).
Frankfurt has ten tram lines (11, 12, 14 to 21), with trams arriving usually every 10 minutes. Many sections are served by two lines, combining to run at 5-minute intervals during rush-hour. Trams only run above ground and serve more stops than the U-Bahn or the S-Bahn.
Taxicabs can usually be found outside the major S-Bahn and U-Bahn stations, at the central station, the south station, the airport, the trade fair and in the crowded inner-city shopping streets. The common way to obtain a taxi is to either call a taxi operator or to go to a taxi rank. However, although not the norm, one can hail a passing taxi on the street.
Nextbike also makes bicycles available for hire in Frankfurt. They are stationed all over the city. These can be spotted with their blue color scheme.
With over 922 jobs per 1,000 inhabitants, Frankfurt has the highest concentration of jobs in Germany. On work days and Saturdays, one million people commute from all over the Rhein-Main-Area.
The city honours the importance of the ECB by officially using the slogan "The City of the Euro" since 1998.
Although it is best known for its banks and financial institutions, Frankfurt is also a centre for media companies. Around 570 companies of the advertising industry and 270 public relations companies are there.
Frankfurt has Germany's highest concentration of homeowners. This is partly attributed to the financial sector, but also to its cosmopolitan nature, with expatriates and immigrants representing one-fourth of its population. For this reason, Frankfurt's property market often operates differently than the rest of the country where the prices are generally flatter.
Frankfurt is home to companies from the chemical, transportation, telecommunication and energy industries. Some of the larger companies are:
The Frankfurt Institute for Advanced Studies, sponsored by several institutional and private sources, is involved in theoretical research in physics, chemistry, neuroscience, and computer science.
Frankfurt is home to multiple trade unions and associations, including:
Besides the tourist attractions in central Frankfurt many internationally famous sites are within 80 km (50 mi) of the city, such as: