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The drachma ( Greek: δραχμή, [ðraxˈmi]) was the official currency of modern Greece from 1832 until the launch of the euro in 2001. First modern drachma. The drachma was reintroduced in May 1832, shortly before the establishment of the Kingdom of Greece. [1] . It replaced the phoenix at par. The drachma was subdivided into 100 lepta. [n 1] Coins.
- Drachma - Wikipedia
Drachma may refer to: Ancient drachma, an ancient Greek...
- Ancient drachma - Wikipedia
In ancient Greece, the drachma (Greek: δραχμή, romanized:...
- Drachma - Wikipedia
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.
Modern Greek Drachma. 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.
Apr 23, 2024 · Adam Hayes. Updated April 23, 2024. Reviewed by Charles Potters. Richard T. Nowitz/ Getty Images. What Is the Greek Drachma? The Greek drachma was the basic unit of currency in Greece until...
Jan 23, 2015 · The modern drachma never came close to the prestige of the ancient currency. The new currency joined the Latin Monetary Union in 1868. It was an experiment launched by France which ended with World War I. By 1893, Greece had already witnessed a national bankruptcy due to over-borrowing and over-spending.
