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Replaced by euro, non cash. 1 January 2001. Replaced by euro, cash. 1 January 2002. 1 € =. 340.750 δρ. This infobox shows the latest status before this currency was rendered obsolete. The drachma ( Greek: δραχμή, [ðraxˈmi]) was the official currency of modern Greece from 1832 until the launch of the euro in 2001.
drachma, silver coin of ancient Greece, dating from about the mid-6th century bc, and the former monetary unit of modern Greece. The drachma was one of the world’s earliest coins. Its name derives from the Greek verb meaning “to grasp,” and its original value was equivalent to that of a handful of arrows. The early drachma had different ...
The modern Greek drachma was introduced in 1832 as the official currency of Greece after the country gained independence. The modern drachma had different denominations of coins and banknotes, featuring different designs that represented Greek culture, history, and notable figures.
Apr 30, 2024 · The Greek drachma, an ancient and historical currency, served as Greece’s primary monetary unit until 2001 when it was replaced by the euro. This article delves into the rich history of the Greek drachma, its denominations, the impact of its replacement, and the intriguing Grexit debate. We explore the reasons behind Greece’s currency ...
History Modern times. Drachma was established on the island of Aegina during the 7 century BC and depreciation was remarkably slow; about 50% over the following 200 years. Aristophanes (c. 448-380 BC) tells us that in his days one drachma was the average daily wage of a skilled labourer or a hoplite, while a juror earned half a drachma.
Look up drachma or δραχμή in Wiktionary, the free dictionary. Drachma may refer to: Ancient drachma, an ancient Greek currency. Modern drachma, a modern Greek currency. Cretan drachma, currency of the Cretan State. Drachma (moth), a moth genus.
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In ancient Greece, the drachma ( Greek: δραχμή, romanized : drachmḗ, [drakʰmέː]; pl. drachmae or drachmas) was an ancient currency unit issued by many city-states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period. The ancient drachma originated in ...
