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In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union, became Greece's sole currency. From 1917 to 1920, the Greek government took control of issuing small change notes under Law 991/1917. During that time, the government issued denominations of 10 and 50 lepta, and 1, 2 and 5 drachmae. The ...
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
In ancient Greece, the drachma (Greek: δραχμή, romanized: drachmḗ, [drakʰmέː]; pl. drachmae or drachmas) was an ancient currency unit issued by many city-states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period.
Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discussed below) included the Greek drachma, coined in the fifth century BC, the Roman denarii, the Byzantine solidus and Islamic dinar of the middle-ages and the French franc.
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
The U.S. dollar continued to strengthen early Wednesday as the euro faltered on renewed concerns over the Greek debt crisis. The debt-burdened nation's borrowing costs spiked yesterday following a ...
Ancient drachma, an ancient Greek currency; Modern drachma, a modern Greek currency; Cretan drachma, currency of the Cretan State; Drachma, a moth genus; See also
Choosing U.S. dollars triggers dynamic currency conversion, which might seem convenient since you’ll see the exact in a familiar currency. However, with a 12 percent DCC fee, you’ll pay an ...