How much is a Greek Drachma worth today?
A modern person might think of one drachma as the rough equivalent of a skilled worker’s daily pay in the place where they live, which could be as low as US$1, or as high as $100, depending on the country.
Are old Greek banknotes worth anything?
Greek drachma banknotes became obsolete in 2002, when Greece joined the Eurozone. The exchange deadline for Greek drachmae expired in 2012. All drachma bills issued by the Athens-based Bank of Greece have lost their monetary value.
How much is 100 Greek drachmas worth in dollars?
0.313539 USD
Convert Greek Drachma to US Dollar
| GRD | USD |
|---|---|
| 50 | 0.15677 USD |
| 100 | 0.313539 USD |
| 500 | 1.5677 USD |
| 1,000 | 3.13539 USD |
What is Ekaton money?
They are part of the Greek Drachma banknotes series. The Bank of Greece started issuing these 100 Greek Drachma banknotes in 1978. They were withdrawn from circulation in 2002. This 100 apaxmai ekaton banknote portrays Athena Peiraios on the front side.
How many US dollars is a drachma?
0.00309806 USD
Convert Greek Drachma to US Dollar
| GRD | USD |
|---|---|
| 1 GRD | 0.00309806 USD |
| 5 GRD | 0.0154903 USD |
| 10 GRD | 0.0309806 USD |
| 25 GRD | 0.0774516 USD |
What is a drachma coin?
The drachma is a coin with the value of six obols. The term drachma means “handful”—in other words, it was a considered to be a handful of obols. Various denominations of the drachma were made—the octadrachm, tetradrachm, didrachm, and drachm among them.
How old is the Greek drachma?
The drachma as a monetary unit goes back to 500 B.C. It is one of the oldest currencies in the world. In ancient times, there were periods when it was the most widely used currency across a large part of the world.
What is the old currency of Greece?
The drachma
The drachma was Greece’s national currency from 1833 to 1 January 2002, when euro banknotes and coins were put into circulation in Greece, at the same time as in the other euro area countries.
How much money is 75 drachmas?
Julius Caesar’s will specified a gift of 75 Attic drachma’s for every roman citizen. The income at the time for a skilled worker was 1 drachma a day wiki. At a wage of $20 USD/hr that is approximately $12,000 USD. This is an order of magnitude larger than the $186 USD-1998 arkenberg.
What currency is Athena?
the euro
Currency. Greece’s currency is the euro (€). All major credit cards are widely accepted in Greece, though some establishments do not accept American Express and Diners.
How much is a silver drachma worth?
The obolus (or obol) was a silver coin worth a sixth of a drachma. In Classical Athens it was subdivided into eight chalkoi (“copper pieces”). Two obols made a diobol….Money and Measures in Ancient Greece.
| DRY | LIQUID |
|---|---|
| 1 kotyle = 6 kyathoi = 0.2719 liter | 1 kotyle = 6 kyathoi = 0.271 liter |
Who is on the drachma coins?
King Paul
The first coins minted in 1954 in Paris after World War II were 5-, 2- and 1-drachma and 50-lepta coins. They all depict a portrait of King Paul on the obverse and the royal coat of arms on the reverse.