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What currancy is the drachma? |
Travel Info What currancy is the drachma? Travel Tips 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of the euro taking place in January 2001.GREECE (not "Greek") It used to be Greek, no it doesn't exist anymore as it's been replaced by the Euro ... ;^) The drachma is not currancy, but is currency! "Drachma, pl. Drachmas or Drachmae (未蟻伪蠂渭萎, pl. 未蟻伪蠂渭苇蟼 or 未蟻伪蠂渭伪委 (until 1980)) is the name of both: An ancient currency unit found in many Greek city states and successor states, and in many Middle Eastern kingdoms of the Hellenistic era. 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." http://en.wikipedia.org/wiki/drachma... Greeks in Athens and the island of Aegina began producing silver drachmas in the middle of the sixth century BC. "Drachma" is Greek for "handful". It was taken as the name for a coin because it was worth a handful of iron spits known as obols, which earlier Greeks had used for money. Coins minted on the island of Aegina were stamped with the image of a turtle, those in Athens with an owl. the link below has a very interesting article about the drachma |
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