The Drachma: A Look Back at Greece's Former Currency

The drachma (Greek: δραχμή, pronounced [drakˈma]) was the official currency of Greece from 1832 until 2002. It was replaced by the euro on January 1, 2002.

The word "drachma" comes from the Ancient Greek word "drachmos" (δραχμός), which means "handful" or "fistful". The name is thought to refer to the original size of the coin, which was equivalent to a handful of silver.

Over time, the drachma went through several changes in its value and design, but it remained the primary currency of Greece until its replacement by the euro. Today, the drachma is no longer used as legal tender, but it remains a nostalgic symbol for many Greeks who remember the pre-euro era.

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