Greek drachma
ελληνική δραχμή (Greek)

Modern drachmas
ISO 4217 Code	GRD
User(s)	Greece
Inflation	3.1% (2000)
Source	Grecian.net
ERM
Since	March 1998
Fixed rate since	19 June 2000
Replaced by €, non cash	1 January 2001
Replaced by €, cash	1 January 2002
€ =	340.750 Δρ.
Subunit
1/100	leptο
Symbol	Δρ.
Coins
Freq. used	5, 10, 20, 50, 100, 500 Δρ.
Rarely used	1 and 2 Δρ.
Banknotes	100, 200, 500, 1000, 5000, 10000 Δρ.
Central bank	Bank of Greece
Website	www.bankofgreece.gr
Printer	Bank of Greece [citation needed]
Website	www.bankofgreece.gr
Mint	Bank of Greece [citation needed]
Website	www.bankofgreece.gr
This infobox shows the latest status before this currency was rendered obsolete.

"Drachma" can also refer to a fictional country in the anime Fullmetal Alchemist.

Drachma, pl. Drachmas or Drachmae (δραχμή, pl. δραχμές or δραχμαί (until 1980)) is the name of both: Image File history File links Drachma-coins-front. ... The European exchange rate mechanisms (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange-rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single... March is the third month of the year in the Gregorian Calendar and one of seven Gregorian months with the length of 31 days. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... June 19 is the 170th day of the year (171st in leap years) in the Gregorian Calendar, with 195 days remaining. ... This article is about the year 2000. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2001: A Space Odyssey. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... For album titles with the same name, see 2002 (album). ... ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. ... Lepton pl. ... Not to be confused with the National Bank of Greece. ... The word printer is used to describe a company that provides commercial printing services, involving typesetting, printing and book-binding. ... Not to be confused with the National Bank of Greece. ... A mint is a facility which manufactures coins for currency. ... Not to be confused with the National Bank of Greece. ... Fullmetal Alchemist , Alchemist of Steel), commonly abbreviated as FMA or Hagaren by fans, is a manga series created by Hiromu Arakawa and serialized in Monthly Shonen Gangan. ... 1980 (MCMLXXX) was a leap year starting on Tuesday. ...

1. An ancient currency unit found in many Greek city states and successor states, and in many Middle Eastern kingdoms of the Hellenistic era.
2. A modern Greek currency, introduced in 1832, and replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro). Euro currency did not begin circulating until 2002, but the exchange rate was fixed in 19th June 2000, with legal introduction of the euro taking place in January 2001.

The succession of states theory asserts that all possessions and territory held by a state are automatically transferred to the successor state, the state which succeeds it. ... A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ... The term Hellenistic (established by the German historian Johann Gustav Droysen) in the history of the ancient world is used to refer to the shift from a culture dominated by ethnic Greeks, however scattered geographically, to a culture dominated by Greek-speakers of whatever ethnicity, and from the political dominance... 1832 was a leap year starting on Sunday (see link for calendar). ... ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. ... 2001: A Space Odyssey. ... For album titles with the same name, see 2002 (album). ...

Ancient Drachma

Drachmas from Lucania, c. 535–510 BC

The name Drachma is derived from the verb "δράττω" (dratto, "to grasp"). Initially a drachma was a fistful (a "grasp") of six oboloi, sticks of metal used as currency as early as 1100 BC. Image File history File links SNGANS_1202. ... Image File history File links SNGANS_1202. ... For the mountain in Canada named after Lucania, see Mount Lucania. ... The obolus (or obol) is a Greek silver coin worth a sixth of a drachma. ...

The 5th century BC Athenian tetradrachma ("four drachmae") coin was the most widely used coin in the Greek world prior to Alexander the Great. It featured the helmeted profile bust of Athena on the obverse (front) and an owl on the reverse (back). In daily use they were called γλαῦκαι glaukai (owls), hence the phrase Γλαῦκ’ Ἀθήναζε. The reverse is featured on the national side of the Greek 1 euro coin. (2nd millennium BC - 1st millennium BC - 1st millennium) The 5th century BC started on January 1, 500 BC and ended on December 31, 401 BC. // The Parthenon of Athens seen from the hill of the Pnyx to the west. ... Athens (Greek: Αθήνα, Athína IPA: ) is the capital and largest city of Greece and the birthplace of democracy. ... A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ... Alexander the Great (Greek: ,[1] Megas Alexandros; July 356 BC–June 11, 323 BC), also known as Alexander III, king of Macedon (336–323 BC), was one of, if not the most successful military commanders in history. ... Helmeted Athena, of the Velletri type. ... List of Greek Phrases/Proverbs Αα (h)a AgeōmetrÄ“tos mÄ“deis eisitō. Let no-one without knowledge of geometry enter. Motto over the entrance to Platos Academy (quoted in Elias commentary on Aristotles Categories). ... Greek euro coins feature a unique design for every one of the eight coins. ...

After Alexander the Great's conquests, the name Drachma was used in many of the Hellenistic kingdoms in the Middle East, including the Ptolemaic kingdom in Alexandria. The Arabic unit of currency known as dirham (in the Arabic language, درهم), known from pre-Islamic times and afterwards, inherited its name from the drachma; the dirham is still the name of the official currencies of Morocco and the United Arab Emirates. The Armenian dram also derives its name from the drachma. Alexander the Great (Greek: ,[1] Megas Alexandros; July 356 BC–June 11, 323 BC), also known as Alexander III, king of Macedon (336–323 BC), was one of, if not the most successful military commanders in history. ... The term Hellenistic (established by the German historian Johann Gustav Droysen) in the history of the ancient world is used to refer to the shift from a culture dominated by ethnic Greeks, however scattered geographically, to a culture dominated by Greek-speakers of whatever ethnicity, and from the political dominance... A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ... The Ptolemaic dynasty was a Hellenistic royal family which ruled over Egypt for nearly 300 years, from 305 BC to 30 BC. Ptolemy, a Macedonian and one of Alexander the Greats generals, was appointed satrap of Egypt after Alexanders death in 323 BC. In 305 BC, he declared... Alexandria Modern Alexandria, from Qaitbays Citadel Alexandria, sphinx made of pink granite, Ptolemaic. ... The Arabian Peninsula The Arabian Peninsula is a mainly desert peninsula in Southwest Asia at the junction of Africa and Asia and an important part of the greater Middle East. ... Dirham is a unit of currency in several Arabic-speaking nations, including: Islamic Dirham The Moroccan dirham The United Arab Emirates dirham 1/1000 of the Libyan dinar 1/100 of the Qatari riyal 1/10 of the Jordanian dinar The dirham, spelt diram, is 1/100 of the Tajikistani... The Arabic language ( ), or simply Arabic ( ), is the largest member of the Semitic branch of the Afro-Asiatic language family (classification: South Central Semitic) and is closely related to Hebrew and Aramaic. ... For other uses, including people named Islam, see Islam (disambiguation). ... Symbol: None 1/100th unit: luma USD exchange: 452 (July 2005) GBP exchange: 790 (July 2005) The Dram (AMD) is the monetary unit of Armenia. ...

Tetradrachma from Athens about 490 BC.

The drachma was also used in Ancient Rome in the 3rd century BC. It is generally considered meaningless to come up with comparative exchange rates with modern currency due to the fact that the range of products produced in these economies were very different compared to the products produced in your modern economy which make PPP calculations very difficult, however, some historians and economists have estimated that in the 5th century BC a drachma had a rough value of 25 dollars (estimated with 1990 dollars). Classical historians regularly say that in the late Roman Republic and early Roman Empire, the daily wage for a laborer was one Drachma. For a continuation of the Drachma under Rome, see Roman provincial coins. Image File history File links Please see the file description page for further information. ... Image File history File links Please see the file description page for further information. ... The Roman Forum was the central area around which ancient Rome developed. ... (2nd millennium BC - 1st millennium BC - 1st millennium) The 3rd century BC started on January 1, 300 BC and ended on December 31, 201 BC. // Events The Pyramid of the Moon, one of several monuments built in Teotihuacán Teotihuacán, Mexico begun The first two Punic Wars between Carthage... (2nd millennium BC - 1st millennium BC - 1st millennium) The 5th century BC started on January 1, 500 BC and ended on December 31, 401 BC. // The Parthenon of Athens seen from the hill of the Pnyx to the west. ... This article is becoming very long. ... The Roman Empire was a phase of the ancient Roman civilization characterized by an autocratic form of government. ... Area of issue Roman Provincial coins are coins that were minted in the Roman Empire by civic authorities rather than by Imperial authorities. ...

Historic currency divisions

6 obols = 1 drachma

100 drachmae = 1 mina (or mna)

60 minae = 1 Athenian Talent (Athenian standard)

Minae and talents were never actually minted: they represented weight measures used for commodities (e.g. grain) as well as metals like silver or gold. The obolus (or obol) is a Greek silver coin worth a sixth of a drachma. ... A mina is an ancient Greek unit of weight defined as being 50 shekels. ... A mina is an ancient Greek unit of weight defined as being 50 shekels. ... The Attic talent was a unit of weight and a denomination of money equal to 6,000 drachmae or 60 minae. ...

Modern Drachma

The drachma was reborn in 1832, soon after the establishment of the modern state of Greece. It replaced the phoenix at par. In 1868, Greece joined the Latin Monetary Union and the drachma became equal in weight and value to the French franc. During the German occupation of Greece (1941–1944), catastrophic hyperinflation and Nazi looting of the Greek treasury made the drachma practically worthless; in 1944, old drachmae were exchanged for new ones at the ratio of 50,000,000,000 to 1. The new currency was soon devaluated again; in 1953, in an effort to halt the slide, Greece joined the Bretton Woods system. In 1954 notes were again exchanged for new ones, at a ratio of 1,000 to 1; the new notes were pegged at 30 drachmae = 1 US dollar. 1832 was a leap year starting on Sunday (see link for calendar). ... Phoenix (Greek Φοίνιξ). The first currency of the modern Greek state. ... 1868 (MDCCCLXVIII) was a leap year starting on Wednesday (see link for calendar) of the Gregorian calendar or a leap year starting on Friday of the 12-day-slower Julian calendar. ... The Latin Monetary Union (1865-1927) was a 19th century attempt to unify several European currencies into a single currency that could be used in all the member states, at a time when most national currencies were still made out of gold and silver. ... French Franc. ... Certain figures in this article use scientific notation for readability. ... This article or section does not cite its references or sources. ... 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ... 1953 (MCMLIII) was a common year starting on Thursday. ... Wikipedia does not have an article with this exact name. ... The United States dollar is the official currency of the United States. ...

In 1973, the Bretton Woods System was abolished; over the next 25 years the official exchange rate gradually declined, reaching 400 GRD = 1 USD.

Coins in circulation at the time of the adoption of the Euro [1] A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ...

• 1 Drachma (.293 Eurocents)¹
• 2 Drachmae (.587 Eurocents)¹
• 5 Drachmae (1.47 Eurocents)
• 10 Drachmae (2.93 Eurocents)
• 20 Drachmae (5.87 Eurocents)
• 50 Drachmae (14.67 Eurocents)
• 100 Drachmae (29.35 Eurocents)
• 500 Drachmae (1.47 Euros)

¹ Minted, but rarely used. Usually, prices were rounded up to the next multiple of 5 drachmas.

Banknotes in circulation at the time of the adoption of the Euro [2] A £20 Ulster Bank banknote. ...

• 100 drachmae,Athena, Adamantios Korais (29.35 Eurocents)
• 200 drachmae, Rigas Feraios(58.69 Eurocents)
• 500 drachmae, Ioannis Capodistrias (1.47 Euros)
• 1000 drachmae, Apollo (2.93 Euros)
• 5000 drachmae, Theodoros Kolokotronis(14.67 Euros)
• 10,000 drachmae, George Papanicolaou, Asclepius (29.35 Euros)

Modern currency divisions Helmeted Athena, of the Velletri type. ... Adamantios Korais (April 27, 1748 - April 6, 1833) was a graduate of the University of Montpellier in 1788 and he spent most of his life as an expatriate in Paris. ... Rigas Velestinlis or Rigas Feraios, (Greek: Ρήγας Βελεστινλής-Φεραίος, real name: Antonios Kyriazis), 1757-1798, was a Greek poet. ... statue of John Capodistria in Panepistimiou Street, Athens John Capodistria, (in Greek Ioannis Kapodistrias or Ιωάννης Καποδίστριας, and in Italian Giovanni Capo dIstria, Count Capo dIstria) (February 11, 1776 - October 9... Lycian Apollo, early Imperial Roman copy of a fourth century Greek original (Louvre Museum) In Greek and Roman mythology, Apollo (Ancient Greek , Apóllōn; or Ἀπέλλων, Apellōn), the ideal of the kouros, was the archer-god of medicine and healing and also a bringer of death-dealing plague; as... Theodoros Kolokotronis (Grk. ... Categories: People stubs | 1883 births | 1962 deaths ... Asclepius (Greek also rendered Aesculapius in Latin and transliterated Asklepios) was the god of medicine and healing in ancient Greek mythology, according to which he was born a mortal but was given immortality as the constellation Ophiuchus after his death. ...

100 lepta = 1 drachma

Lepton pl. ...

See also

• Commemorative coins of Greece
• Greek euro coins
• Seleucid coinage
• Dirham

// Commemorative drachma coins Commemorative Greek drachma coins have been issued by the Bank of Greece throughout the 20th century. ... Greek euro coins feature a unique design for every one of the eight coins. ... Dirham is a unit of currency in several Arabic-speaking nations, including: Islamic Dirham The Moroccan dirham The United Arab Emirates dirham 1/1000 of the Libyan dinar 1/100 of the Qatari riyal 1/10 of the Jordanian dinar The dirham, spelt diram, is 1/100 of the Tajikistani...

External links

• History of Greek Banknotes
• Overview of the modern Greek drachma from the BBC
• The Greek currency history Complete presentation of the Greek modern coins

1. ^ 2001 by law, 2002 de facto.

Phoenix (Greek Φοίνιξ). The first currency of the modern Greek state. ... 1832 was a leap year starting on Sunday (see link for calendar). ... 2001: A Space Odyssey. ... ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. ...

Pre-euro and other EU currencies

Eurozone Austrian Schilling | Belgian franc | Dutch gulden | Finnish mark | French franc | German Mark | Greek drachma | Irish pound | Italian lira | Luxembourgish franc | Monegasque franc | Portuguese escudo | San Marinese lira | Spanish peseta | Vatican lira ERM II Cypriot pound | Danish krone | Estonian kroon | Latvian lats | Lithuanian litas | Maltese lira | Slovak koruna | Slovenian tolar Other EU British pound | Czech koruna | Gibraltar pound | Hungarian forint | Polish złoty | Swedish krona This box: view • talk • edit