drachma

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drachma

1. the former standard monetary unit of Greece, divided into 100 lepta; replaced by the euro in 2002
2. US another name for dram
3. a silver coin of ancient Greece
4. a unit of weight in ancient Greece
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Drachma

 

(1) An ancient Greek unit of weight and measure. It was first minted as silver currency in the sixth century B.C. The weight of a drachma was originally 4.25 g of silver and was later changed to 4.32 g.

(2) The present-day monetary unit of Greece, equal to 100 lepta. The Gosbank (State Bank) of the USSR on Jan. 1, 1974, established the rate of exchange at 100 drachmas = 2 rubles 76 kopeks.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.