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.
2006-08-09 10:29:07
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answer #1
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answered by T ¸¸.�*´¸¸.�*´¨L ¨`*�.¸¸¨`*�.¸¸ T 3
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The drachma is not currancy, but is currency!
"Drachma, pl. Drachmas or Drachmae (δÏαÏμή, pl. δÏαÏμÎÏ or δÏαÏμαί (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."
2006-08-09 17:28:06
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answer #2
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answered by OneRunningMan 6
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The Drachma (δÏαÏμή in Greek and pronounced Drahmi in English) in Greek is the ancient Greek currency. A more modern Greek currency was introduced in 1832. Later it was replaced by the Greek version of the Euro, in 2001 (at the rate of 340.750 drachma to the euro). The 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.
I believe that you would benefit from visiting the following web links:
http://en.wikipedia.org/wiki/Drachma
and
http://en.wikipedia.org/wiki/Greek_euro_coin
2006-08-09 17:37:48
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answer #3
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answered by Anonymous
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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
2006-08-09 17:28:08
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answer #4
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answered by Deana G 5
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Greek
2006-08-09 17:28:19
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answer #5
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answered by Anonymous
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Greek
2006-08-09 17:27:40
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answer #6
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answered by Jim T 4
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Apparently, it was used in Greece. The Greek drachma. It's also used in some American fraternities.
(Just kidding about that last part.)
http://en.wikipedia.org/wiki/Drachma
2006-08-09 17:28:21
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answer #7
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answered by truthyness 7
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The drachma is the currency of Greece ( or maybe they use the euro now ).
2006-08-13 11:59:06
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answer #8
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answered by Anonymous
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It was Greek replaced by Euro,the oldest in Europe used from
ancient times
2006-08-10 06:52:23
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answer #9
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answered by qwine2000 5
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It is Greek. the offical Currency of Greece before the Euro.
2006-08-09 17:29:02
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answer #10
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answered by anazati 3
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