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Drachma

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Former currency of Greece "Drachma" redirects here. For the moth genus, see Drachma (moth).

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The drachma (Template:Lang-el Greek pronunciation: [ðraxˈmi], Greek pronunciation: [drakʰmέː]; pl. drachmae or drachmas) was the currency used in Greece during several periods in its history:

  1. An ancient Greek currency unit issued by many Greek city states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period under Greek Imperial Coinage.
  2. The modern drachma: a modern Greek currency, the first introduced in 1832 by the Greek King Otto (Όθων) and replaced by the euro in 2001 (at the rate of 340.75 drachmae to the euro). The euro did not begin circulating until 2001 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 unit of weight.

Notes

  1. [draːkʰmέː] is also attested.

References

  1. ^ δραχμή. Liddell, Henry George; Scott, Robert; A Greek–English Lexicon at the Perseus Project.
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