Drachma
noun
The main money used in ancient Greece.
In ancient Greece, an individual might pay a fee of one drachma for admission to the theatre.
Often appears as...
- pay in drachma
- cost of a drachma
Usage tips
Historical
noun
The basic unit of currency in Greece, before the introduction of the euro.
In 2001, Greece switched from the drachma to the euro as its official currency.
Often appears as...
- debt in drachma
- saving drachma
noun
A silver coin of modern Greece.
He found a rare silver drachma from the 1880s in his coin collection.
Often appears as...
- silver drachma
- old drachma
Usage tips
Numismatic
noun
The main money used in ancient Greece.
In ancient Greece, an individual might pay a fee of one drachma for admission to the theatre.
Often appears as...
- pay in drachma
- cost of a drachma
Usage tips
Historical
noun
The basic unit of currency in Greece, before the introduction of the euro.
In 2001, Greece switched from the drachma to the euro as its official currency.
Often appears as...
- debt in drachma
- saving drachma
noun
A silver coin of modern Greece.
He found a rare silver drachma from the 1880s in his coin collection.
Often appears as...
- silver drachma
- old drachma
Usage tips
Numismatic
Definition 1 of 3
Pro Tip 1/2Historical Currency
Understand that 'drachma' refers to money used long ago in ancient Greece, not in use today.
Museums often display artifacts priced in drachma.
Pro Tip 2/2Cultural Significance
Drachma isn't just ancient currency; it's a part of Greek culture, mythology, and history.
Greek myths sometimes reference payments made in drachma.
Pro Tip 1/2Historical Currency
Understand that 'drachma' refers to money used long ago in ancient Greece, not in use today.
Museums often display artifacts priced in drachma.
Pro Tip 2/2Cultural Significance
Drachma isn't just ancient currency; it's a part of Greek culture, mythology, and history.
Greek myths sometimes reference payments made in drachma.
Pro Tip 1/2Historical Currency
Understand that 'drachma' refers to money used long ago in ancient Greece, not in use today.
Museums often display artifacts priced in drachma.
Pro Tip 2/2Cultural Significance
Drachma isn't just ancient currency; it's a part of Greek culture, mythology, and history.
Greek myths sometimes reference payments made in drachma.
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Video examples
CO Finalist PIPE National...
drachmas and one Netherlands gilder some of these currencies that I have aren't in use anymore but it's still fun to collect them and look at them and you
Video examples
CO Finalist PIPE National...
drachmas and one Netherlands gilder some of these currencies that I have aren't in use anymore but it's still fun to collect them and look at them and you
Example 1 of 1
Quote examples
Steve Hanke
American Economist
Following Greece's defeat at the hands of Turkey in 1897, Greece's fiscal house was entrusted to a Control Commission. During the 20th century, the drachma was one of the world's worst currencies. It recorded the world's sixth highest hyperinflation. In October 1944, Greece's monthly inflation rate hit 13,800%.
Quote examples
George Papandreou
Greek Statesman
Greece's history in the drachma was an up-and-down history, a roller coaster.
Quote examples
Steve Hanke
American Economist
Following Greece's defeat at the hands of Turkey in 1897, Greece's fiscal house was entrusted to a Control Commission. During the 20th century, the drachma was one of the world's worst currencies. It recorded the world's sixth highest hyperinflation. In October 1944, Greece's monthly inflation rate hit 13,800%.
Quote examples
George Papandreou
Greek Statesman
Greece's history in the drachma was an up-and-down history, a roller coaster.
Example 1 of 2
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