Does Greece Still Use Drachma?

In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union, became Greece's sole currency.

Can you still exchange Greek drachma?

Greek drachma banknotes became obsolete in 2002, when Greece joined the Eurozone. The exchange deadline for Greek drachmae expired in 2012. All drachma bills issued by the Athens-based Bank of Greece have lost their monetary value. ... You'll see exactly how much money you'll get for your Greek Drachmas.

How much is a Greek drachma worth today?

A modern person might think of one drachma as the rough equivalent of a skilled worker's daily pay in the place where they live, which could be as low as US$1, or as high as $100, depending on the country.

James H. Sterling

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.