
	Where results make sense

Topic: Drachma

Related Topics

Drachma SoA

Greek Drachma

In the News (Sat 11 Oct 08)

Halo 3

Swedish Academy

Ricky Ponting

Dalai Lama

Thabo Mbeki

Sarah Palin

Alistair Darling

Jerome Corsi

Yoichiro Nambu

Breast Cancer

	Drachma - Wikipedia, the free encyclopedia
		Initially a drachma was a fistful (a "grasp") of 6 oboloi, sticks of metal used as currency as early as 1100BC.
		During the German occupation of Greece (1941-1944), catastrophic hyperinflation and Nazi looting of the Greek treasury made the drachma practically worthless; in 1944, old drachmae were exchanged for new ones at the ratio of 50,000,000,000 to 1.
		Greece joined the European Economic and Monetary Union, on 1 January 2001, and exactly one year later, the drachma was officially replaced by the Euro at a rate of 340.75 drachmas to the Euro.
	en.wikipedia.org /wiki/Drachma (609 words)

	* Drachma - (Numismatic): Definition (Site not responding. Last check: 2007-11-06)
		Drachma (δραχμή, pl. δραχμές) The name of this unit of Greek currency is derived from the verb "to grasp...
		Drachma (pronounced DRAHKmuh) is the modern Greek denomination, plural drachmas.
		Drachma (pronounced DRAHK - muh") is the modern Greek denomination, plural drachmas...
	www.bestknows.com /numismatic/drachma.html (585 words)

	New Page 1
		Drachma has been the national currency of our country since 1833. Actually, it was originally introduced by Fedon from Egina, at the beginning of the 7th century BC.
		Later, in 8 October 1833 under the reign of king Othon the drachma was officially established as the national currency of Greece.
		At the same time, the irrevocable conversion rate of the drachma vis à vis the euro was set at GRD 340.750 effective from 1 January 2001, which is equal to its central rate within the Exchange Rate Mechanism, applying as of 17 January 2000.
	hellonet.teithe.gr /EN/en.euro.htm (795 words)

	DIRHAM
		Drachmas and silver obols (=one-sixth of a drachma, which later became the Persian da@ng), as well as bronze coins, are attested from the reign of Mithridates I in the 2nd century B.C.E. The head is represented bearded (Sellwood, p.
		The drachmas of Orodes II (57-37 B.C.E.) are known in the thousands and must have been struck by the millions.
		The thirty kings of the Sasanian dynasty were represented on the obverse of their drachmas with different and characteristic crowns, which facilitate establishment of a precise sequence of issues.
	www.iranica.com /articles/v7/v7f4/v7f472.html (2498 words)

	BBC News \| EUROPE \| The demise of the drachma
		Before long drachmas were being minted at Greek settlements in southern Italy, with the result that the Romans switched from using bronze bars to coins in about 300 BC.
		The drachma disappeared for almost a millennium while Greece was ruled by foreign powers, but made its return shortly after the creation of the modern Greek state in 1827.
		The changeover evokes mixed feelings among Greeks, who will miss the drachma with their hearts, while recognising that it's been a weak currency - now worth only one twelfth as much against the dollar as it was in 1970.
	news.bbc.co.uk /1/hi/world/europe/1627442.stm (586 words)

	BBC News \| Europe \| Euro Cash \| Spent currencies
		Some of the world's first coins ever are thought to have been produced in Greece and the drachma itself dates from the mid-6th century BC, drawing its name from the word for a "handful".
		But the phoenix lasted only five years, and was replaced by the traditional drachma, showing the head of the first king of the independent state, Otto.
		A currency reform introduced a new drachma which was worth 50bn of the old variety but nevertheless inflation continued.
	news.bbc.co.uk /hi/english/static/in_depth/business/2001/euro_cash/spent_currencies/drachma.stm (201 words)

	Drachma - TheBestLinks.com - Alexander the Great, Arabic language, Athena, Athens, ...
		Drachma (δραχμή, pl. δραχμές) The name of this unit of Greek currency is derived from the verb "to grasp." It is the name of both:
		The 5th century BC Athenian tetradrachm ("four drachmae") coin was the most widely used coin in the Greek world prior to Alexander the Great.
		The Arabic unit of currency known as dirham (in the Arabic language, درهم;), known from pre-Islamic times and afterwards, is derived from the ancient drachma, via Byzantium.
	www.thebestlinks.com /Drachma.html (249 words)

	EMBASSY OF GREECE: PRESS OFFICE - News Flash (Site not responding. Last check: 2007-11-06)
		Describing the drachma as a favorite currency among players since the Euro's launch, EIU said investors were also drawn by differentials in short-term drachma rates, and spreads between Greek bonds and securities from other European Union countries.
		Drachma bonds were flourishing in the Euro market, with heavy demand spurring new issues.
		The drachma, whose volatility against the Euro is restrained by its membership of the EU's exchange rate mechanism II, has risen sharply against the single currency due to capital inflows from abroad for placement in Greece.
	www.greekembassy.org /press/newsflash/1999/February/nflash0211.html (422 words)

	Curtis Chapter I
		The table is completed by two drachmas; on that of Trajan, Isis-Hathor stands between Horus (in hawk form) and an altar; while on that of Pius, Isis Euploia stands between Nilus and Euthenia, with prows of ships in the background.
		Two drachmas of Trajan portray Harpokrates standing between sphinxes on altars (unpublished), and Harpokrates of Canopus, with crocodile body, standing on an altar.
		The first is from an unpublished drachma of Antoninus Pius, and the second from an unpublished tetradrachm of Philip I. Below these we find the jugate busts of Nilus and Euthenia, from a tetradrachm of Elagabalus, and the bust of Euthenia alone, from a diobol of Agrippina.
	www.coinsofromanegypt.org /html/library/curtis/curtis_chapter_I.htm (1583 words)

	CATHOLIC ENCYCLOPEDIA: Drachma
		On the one side it had the head of Minerva, and on the reverse her emblem, the owl, surrounded by a crown of laurels.
		The Æginetan drachma weighed about 93 grains and was equivalent to one and two-thirds Attic drachmas.
		The drachma is mentioned in the Old Testament (II Machabees, xii, 43), when Judas sends 12,000 drachmas to Jerusalem that sacrifices may be offered for the dead.
	www.newadvent.org /cathen/05152b.htm (343 words)

	Origin of Money in Greece: Agio
		An iron drachma is 1/60 of a silver mina, but a silver drachma is 1/70 of a silver mina; the difference is due to the economic factor of agio.
		Thereby the equivalent in silver of the iron drachma of six obols came to be not 1/60 but 1/70 of the silver mina; this brought about the creation of a new unit for weighing silver which was called drachma, because it is the silver equivalent of the iron drachma.
		Since the drachma of six obols was the established unit of value in Greece proper, the silver drachma completely supplanted the silver shekel, which continued to bve used only by the Greeks of Ionia and of some of the Aegean islands.
	www.metrum.org /money/agio.htm (1603 words)

	Guardian \| Demise of the drachma
		Even so, the historic role of the drachma in the evolution of money is so important that it would not have been far fetched to have called Europe's new currency the drachma rather than the euro, a word mainly designed by its creators not to offend any European nationalistic sensibilities.
		The Athenian drachmas known as silver "owls" reigned supreme in the ancient world for nearly 600 years.
		Indeed they were the centre of what may have been the world's first monetary union experiment, when Athens forced defeated Aegina to circulate Athenian owls in 456 BC and to stop minting their own "turtles".
	www.guardian.co.uk /print/0,3858,4327722-110369,00.html (308 words)

	drachma -- Encyclopædia Britannica
		The drachma was one of the world's earliest coins.
		The coins do not bear the name of the issuer but that of Arsaces, which was used as a dynastic title.
		The early drachma was minted in several city-states, which resulted in different weights and appearances of the coin.
	www.britannica.com /eb/article-9031109?tocId=9031109 (559 words)

	EMBASSY OF GREECE: PRESS OFFICE - News Flash (Site not responding. Last check: 2007-11-06)
		The government's decision for the drachma to enter the ERM, he said, will be judged not by the statements of various people but by the reaction of the markets.
		The prime minister defended the previous 'hard drachma' policy, stressing it had aimed to reduce inflation and deficits which were necessary requirements for the drachma's incorporation into ERM.
		He admitted that their is a cost from this new situation, but expressed a hope that by early summer, the market will absorb dangers and that by the end of the year inflation will stand at 2.5 per cent.
	www.greekembassy.org /press/newsflash/1998/march/nflash0318.html (623 words)

	Athens News Agency: Daily News Bulletin in English, 98-03-17
		He said that a one billion dollar loan contracted by Greece shortly before the drachma's entry into the ERM was part of a foreign borrowing programme and would be paid off at parities existing at the time the loan was agreed.
		ND Deputy Prokopis Pavlopoulos said the economy had sustained a loss of 30 billion drachmas at least, and it was possible that the amount and the responsibilities due were greater.
		The "Financial Times" said the drachma's incorporation to the ERS was "a substantial step" on the road leading to participation in the euro, and follows "a successful stabilisation programme".
	www.hri.org /news/greek/ana/1998/98-03-17.ana.html (4773 words)

	CTV.ca - Greece drops drachma in favour of euro - CTV News, Shows and Sports -- Canadian Television (Site not responding. Last check: 2007-11-06)
		Greece is dropping its drachma currency in favour of the popular euro.
		While Greece is adopting the euro for international trading, the drachma still has at least a year to live on the streets.
		One drachma was worth less than half of one cent Cdn.
	www.ctv.ca /servlet/ArticleNews/print/CTVNews/1025829236741_21238436?hub=CTVNewsAt11&subhub=PrintStory (191 words)

	The WEST CRETE story, EURO our new curency. (Site not responding. Last check: 2007-11-06)
		The euro conversion rate of the drachma is: 1 euro=340.750 drachma.
		A euro cent does not represent negligible value: The 1 euro cent coin corresponds to 3 drachmas, the 10 euro cent coin represents 34 drachmas and the 50 euro cent coin is worth 170 drachmas.
		To convert drachmas into euro we divide the drachma amount by 340.750 and then we round to the nearest euro cent.
	www.plata.gr /crete/tips/money.asp (1093 words)

	Bible Issues - The Wealth Of Solomon (Background Information)
		In Rome, the common coin was the denarius, while in Greece it was the drachma.
		If we assume this, then we have a difference of 1 drachma for the servant to 1 obol (1/3 drachma) for the slave.
		He paid 150 shekels (or 600 drachma) for a horse, and probably sold it to other nations at 300 shekels (1200 drachma).
	www.angelfire.com /journal/bibleissues/solomon/study01.htm (1665 words)

	FT.com - Special Reports / Euro
		With just a few days to go before the Greek drachma passes into history on January 1, the transition to the euro is proceeding smoothly.
		The final 100-basis-point cut caused barely a ripple in financial markets, which had long expected the move, and the drachma remained glued to its official entry level of Dr340.75.
		Recent polls showed 70 per cent of Greek citizens in favour of euro membership while the drachma - Europe's second oldest currency - is often associated with economic failure.
	specials.ft.com /euro/FT3H4Q2STPC.html (400 words)

	Coin Hundredth Drachma - Your source for the best coin and coins! (Site not responding. Last check: 2007-11-06)
		The tetradrachmon was an ancient Greek coin equal to 4 drachma.
		LEPTON (LEPTA) One hundredth of a DRACHMA (GREECE).
		are one drachma of rock salt - a measure equal to one hundredth of an ounce - two drachmas of mint, one drachma of dried...
	www.coinandcoins.com /?k=coin-hundredth-drachma (1041 words)

	Athens News Agency: Daily News Bulletin in English, 98-03-19
		ND's moves and tactics in the aftermath of the recent drachma devaluation were examined at a private meeting yesterday at the home of ND leader Costas Karamanlis, and attended by the chairmen of the main opposition's committees (OKEs).
		Karamanlis told the ND cadres that the devaluation of the drachma proved the failure of the governmentÕs economic policy.
		Firstly, that the EU concedes to and supports the drachma's participation into the euro early next decade, and secondly, as a reassurance by the government to the Greek people that it is determined to go ahead with specific acts to secure success.
	www.hri.org /news/greek/ana/1998/98-03-19.ana.html (5036 words)

	EH.Net Encyclopedia: The Economy of Ancient Greece
		In Athens the typical wage for a skilled laborer was one drachma per day at the end of the fifth century and two and a half drachmai in 377.
		Thus, one drachma could buy enough food for 16 days for one person, four days for a family of four.
		One thing that made up for the limited number of free citizens who were willing or had to become businessmen or wage earners was the existence of metics, foreign-born, free non-citizens who took up residence in a city-state.
	www.eh.net /encyclopedia/?article=engen.greece (13030 words)

	Antiquity- Coins: Stater, Drachma, Denar und Solidus (Site not responding. Last check: 2007-11-06)
		In days of antiquity, stater, drachma, denar and solidus must have sounded as promising as when we talk about dollars, euros and yens today.
		In the course of their competition for prestige and supremacy their cultural and artistic achievements have survived until today.
		Discover the roots of the tenacious Greek drachma and the equally tough Roman denar.
	www.moneymuseum.com /standard_etage_2_english/raeume/altertum/muenzen/orient/content.html (169 words)

	Ancient Greek Money and Coins
		The drachma (Δραχμή) was a currency that also the new Greek State adopted and that is now replaced by the EURO.
		Moreover, as the foot is the sixth part of a man’s height, they contend, that this number, namely six, the number of feet in height, is perfect: the cubit, also, being six palms, consequently consists of twenty-four digits.
		Hence the states of Greece appear to have divided the drachma, like the cubit, that is into six parts, which were small equal sized pieces of brass, similar to the asses, which they called oboli; and, in imitation of the twenty-four digits, they divided the obolus into four parts, which some call dichalca, others trichalca.
	www.mlahanas.de /Greeks/Money.htm (1850 words)

	Goodbye Drachma - Hello Euro
		Before that time, trade within the world of Ancient Greece had necessitated some form of currency, but each state had its own mainly silver coinage, some of which were not recognized by other states.
		The Corinthians initiated standard coinage, introducing a drachma coin of one value.
		But the creation of a standard drachma brought the end to trade difficulties.
	www.corfunews.net /euro.html (429 words)

	The Drachma, Europe's Oldest Currency, Replaced by Euro (Site not responding. Last check: 2007-11-06)
		As the New Year 2002 ushered in the "Euro" as the official currency of 12 European countries, the world said goodbye to its oldest surviving currencies -- the Greek drachma.
		Dating back some 2,650 years, the drachma is a source of intense pride for Greek citizens.
		Click Drachma to read how some Greeks are reacting to the change.
	www.antiquities.net /eurod.htm (88 words)

Try your search on: Qwika (all wikis)