Greek Drachma

Greek Drachma

Drachma, pl. drachmae or drachmas (δραχμή, pl. δραχμαί or δραχμές) was the currency used in Greece during several periods in its history:

  1. An ancient Greek currency unit found in many Greek city states from Classical times on, as well as in many of Alexander's successor states and South-West Asian kingdoms during the Hellenistic era.
  2. Three modern Greek currencies, the first introduced in 1832 and the last replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro). The euro did not begin circulating until 2002 but the exchange rate was fixed on 19 June 2000, with legal introduction of the euro taking place in January 2002.

It was also a small weight unit.

Read more about Greek Drachma:  Ancient Drachma, Encoding

Famous quotes containing the word greek:

    “The poets were not alone in sanctioning myths, for long before the poets the states and the lawmakers had sanctioned them as a useful expedient.... They needed to control the people by superstitious fears, and these cannot be aroused without myths and marvels.”
    —Strabo (c. 58 B.C.–c. 24 A.D., Greek geographer. Geographia, bk. 1, sct. 2, subsct. 8.