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Greece Currency

ISO 4217 code
GRD
Central bank
Bank of Greece
 Website
www.bankofgreece.gr
User(s)
None, previously:
Greece
Inflation
3.1% (2000)
 Source
Grecian.net
ERM
 Since
March 1998
 Fixed rate since
19 June 2000
 Replaced by €, non
cash
1 January 2001
 Replaced by €, cash
1 January 2002
€ =
340.750 Δρ.
Subunit
 1/100
leptοn
Symbol
Δρχ., Δρ. or ₯
Coins
 Freq. used
5, 10, 20, 50, 100, 500
Δρ.
 Rarely used
10c, 20c, 50c, 1 and 2
Δρ.
Banknotes
 Freq. used
100, 200, 500, 1000,
5000, 10,000 Δρ.
 Rarely used
50 Δρ.
Printer
Bank of Greece
[citation needed]
 Website
www.bankofgreece.gr
Mint
Bank of Greece
[citation needed]
 Website
www.bankofgreece.gr
This infobox shows
the latest status
before this currency
was rendered
obsolete.
Drachma (₯; Greek:
δραχμή [ðraxˈmi]; 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. Three modern
Greek currencies,
the first
introduced in 1832
and the last
replaced by the
euro in 2001 (at
the rate of
340.750 drachma
to the euro). The
euro did not begin
circulating until
2002 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
weight unit


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