Greek Drachma

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
GRD
Pronunciation
/grik ˈdrækmə/
Category
Regional
Related Field
Currencies

Examples in Context

  1. The word " dram " translates into English as " money ", and is cognate with the Greek drachma.
  2. The Greek drachma, the Irish punt, the Portuguese Escudo, the Spanish peseta, the Italian lira and, maybe, the French franc would have devalued against the Deutschmark.
  3. By Monday, all corporate and personal savings in Greek banks will be denominated in drachma.
  4. Mr Smallwood discusses an interim period of high interest rates to encourage Greek deposits to stay put, reinforced by lender-of-last-resort drachma credits from the Greek central bank.

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