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ελληνική δραχμή (Greek)
Modern drachma coins
Modern drachma coins
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 leptοn
Symbol Δρχ., Δρ. or ₯
Coins  
Freq. used 5, 10, 20, 50, 100, 500 Δρ.
Rarely used 10c, 20c, 50c, 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
Website www.bankofgreece.gr
Mint Bank of Greece
Website www.bankofgreece.gr
This infobox shows the latest status before this currency was rendered obsolete.

Drachma, pl. drachmas or drachmae (δραχμή, pl. δραχμές or δραχμαί (until 1982)) 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.


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