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An ancient currency succumbs to modern times


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Farewell to the Drachma
An ancient currency succumbs to modern times

Depicting Greek themes, the notes provided instant visual aids for lessons taught at Papa or Mama's knee.

Photos by deTraci Regula, courtesy ACFP. All rights reserved.
It has been a long fight but the battle is finally over. The Euro and the Greeks have won, and the drachma will again slide into obscurity. As one of the major coinages of the ancient world, it enjoyed an extraordinary run until Ottoman times, when it was removed from circulation. In the 1830s, with the restoration of Greek independence, the drachma was restored as the official currency of Greece. Now, after a determined battle by the Greek government to stabilize the country's economy sufficiently to become a full financial partner in the European Union, something that was initially denied Greece, the Greek Euro yearning is fulfilled.

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