Nihil Obstat, 1 May 1909 | Bank of Greece in Greek |
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The drachma : Modern: , Ancient: ; pl | 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 replaced the at par.
The Italian occupation authorities in the Ionian Islands printed their own currency, the Ionian drachma | The mentions both didrachma and, by implication, tetradrachma in context of the |
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The notion that drachma derived from the word for fistful was recorded by 387—312 BC who was informed by the priests of Heraion that , king of Argos, dedicated rod-shaped obeloi to Heraion | The following year a non-circulating coin of this value was produced to commemorate the royal wedding |
On 1 January 2002, the Greek drachma was officially replaced as the circulating currency by the , and it has not been since 1 March 2002.
1In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union, became Greece's sole currency | Conversion from Euro to United States dollar can be done at current rates as well as at historical rates — to do this, select the desired exchange rate date |
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The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies | Six of them are displayed at the |
This was especially noteworthy as it would not be until the introduction of the in 1486 that coins of substantial size particularly in silver would be minted in significant quantities.
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