drachma
1 of 1noun/ˈdrækmə/
Forms:drachmae
1
a historical unit of currency formerly used in Greece
- In ancient times, goods and services were bought and sold using the drachma as currency.
- The value of the drachma fluctuated significantly in response to economic and political changes.
- Citizens exchanged their old drachma notes for euros when Greece adopted the euro as its official currency.
- Historical artifacts often include inscriptions denoting prices in drachma, providing insight into ancient economies.
- Tourists visiting Greece can sometimes find old coins or banknotes featuring the drachma in souvenir shops.
Synonyms: