One of the mysteries of the English language finally explained.
1A former monetary unit of Greece, notionally equal to 100 lepta, replaced in 2002 by the euro.
- ‘Instead of paying in pesetas, lire, drachmas, francs and marks, approximately 300 million Europeans are now using one common currency, the euro.’
- ‘His family today confirmed they cannot pay the five million drachma bail money which has been set by the judges presiding over his case.’
- ‘Buying euros with sterling will be no different to the way in which we used to buy francs, drachmas and lire.’
- ‘The drachma disappeared, replaced by the euro when Greece joined the single European currency.’
- ‘While most of the people passing through that gate gave the man no more than a quick look of pity and a few drachmas, the apostles looked at him quite differently.’
- ‘In Greece, beggars who ventured out on the streets of Athens on Monday after a three-day cold snap found their cups filling up with both drachmas and euros.’
- ‘Although we were told that the price of living here had become much more expensive since the euro replaced the drachma, it still seemed pretty cheap to us - especially eating out.’
- ‘A young man, paying for a newspaper in drachmas on Tuesday, admitted: ‘It's the first day and I didn't think to use our euro coins.‘’
- ‘The euro, which replaces the old francs, marks, guilders, pesetas, escudos, drachmas, and lire of the European Union, is not yet five years old.’
- ‘The basic unit of money was the drachma with a larger unit being the talent worth 6000 drachmas.’
- ‘What I'll treasure the most is my collection of Italian lira, Spanish pesetas, French francs and Greek drachmas, as these are four of the 12 European currencies that have been replaced by the new Euro.’
- ‘The 2001 prize includes 3 million drachmas plus a travel grant.’
- ‘First it was the Deutsch mark, followed by the franc, lira, peseta and drachma.’
- ‘Because the drachma does not exist anymore, it cannot be devalued.’
- ‘If you hadn't already noticed, gone are the good old peseta, the franc and the drachma.’
- 1.1 A silver coin of ancient Greece.
Via Latin from Greek drakhmē, an Attic weight and coin. Compare with dirham and drachm.
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