0
There were no Greek coins produced in 1940 (actually, none between 1931 and 1953), so presumably you are talking about a bill.
As a collectible, the bill's value would depend on its condition.
As a matter of foreign exchange, approximately zero.
The drachma is no longer in use, having been replaced by the Euro in 2002 (at a rate of 340.75 drachmas = 1 Euro). As of May 13, 2011, the Euro is worth US$1.4140. This implies that the exchange rate of 10 drachmas would be US$0.041496, or about 4 cents.
However, that refers to the third modern drachma, in place since about 1954, replacing the second modern drachma at 1000 to 1. The second modern drachma, meanwhile, had replaced the first modern drachma at a rate of 50,000,000,000 to 1 in 1944 (there was some fairly severe hyper-inflation in Greece during World War II).
Thus 10 1940-era drachmas would have an exchange rate (if they were still in fact exchangable, which they're not) value of 0.041496/1000/50000000000, which equals US$0.00000000000000082993397, or about 83 quadrillionths of a US cent ( a "quadrillionth" is a millionth of a billionth).
As I said, approximately zero.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How much did 6 obols equal in ancient times?
1 drachma
How much did a slave in ancient Greece earn?
By definition slaves are not paid for their labour. They were given sustenance. As an indication, the state slaves of Athens were given four obols a day (2/3 of a drachma) for their subsistence, doing comparatively well, as that is about all the rowers in the navy got, and a citizen juror got three obols. A warrior on campaign got 1 drachma, plus another drachma for a servant. A drachma was the standard daily rate for a skilled worker. Some slaves were given a sum of money by their owners to carry on small businesses on their behalf. Same in Rome, where it was called a peculum.
How much are greek coins worth?
greek coins today are worth between 30 to 75 dollars in good condition.CorrectionPlease post a new, separate question with the coins' dates and/or descriptions if a date isn't available. Greek coins date from pre-CE items all the way up to modern euro pieces so more details are needed to provide an answer.
How much is 100000 drachmai?
You are referring not to "apaxmai" but to Greek "ΔΡΑΧΜΑΙ" (pronounced "Drachmai" in English). The drachmai is no longer in use, having been replaced by the Euro on January 1, 2002. At that time, the rate was pegged at 1 Drachma = 0.00293 Euro, so 100,000 would be equal to 293 Euro (US$414.68 at the exchange rate of January 22, 2010). Note, however, that Drachmai bills are only redeemable for Euros until January 3, 2012, and Drachmai coins are no longer redeemable into Euros at all. Note further that this assumes you are referring to the "third" drachma, in use from 1954 onward. The "second" drachma (1944-1954) was exchanged for the third at a rate of 1000 to 1, and the "first" was exchanged for the second in 1944 at a rate of 50,000,000,000 to 1. Thus 100,000 "second" drachmai are worth about 0.28 Euros, and 100,000 "first" drachmai are, for exchange rate purposes, worthless.
How much is a Greek coin worth?
Post a new question including the date on the coin and the denomination. Greece has had a very long history and a Greek coin could mean anything from a tetradrachm minted in 400 BC or a modern Greek Euro coin minted just yesterday.
How much is a 200 greek drachma currency note from 1944 worth today in united states currency?
The Greek drachma is an older form of Greek currency. It was replaced with the Euro on January 1, 2002. In today's market 200 Greek drachma are worth $0.78 in United States currency.
How much are Greek shillings worth in US money?
The Greek currency is the Drachma of 100 Lepta. There are no Greek Shillings.
How much is a drachma worth in US dollars?
It depends on what kind of drachma you have, but if it is a 10, 50, 100, or 500 drachma, virtually nothing.
How much is a drachma worth?
in us dollars 1$ (one dollar) is worth one drachma so the dollar and drachma are the sane amount of valubilaty (how much it is worth) A drachma was worth a day's wages for an unskilled laborer. It is not a 1:1 ratio.
How much is a Greek 1930 drachma coin worth in American dollars?
The 1930 coin is worth approximately $150. The exact price that one will get for the coin will depend upon the condition of the coin.
How much is 100 drachma worth?
Drachma used to be the currency in Greece, but they've switched to the Euro. Unless it's really old and/or in mint condition I don't think it's worth anything much.
How much is 1000000 drachma worth in US dollars?
its worth nothing... Greece now use the Euro!
How much is a golden drachma worth in Canadian money?
Yes. They're worth one dollar each in Canada.
How much is a Drachma worth in Canadadian money?
In ancient Greece it would be about 1 dollar.
How much is 5 drachma worth in us?
The Greek Drachma is a defunct currency and only valuable, perhaps, as a collector's item. However, given that less than 50% of Greek drachma coins were converted to Euros, the 5 drachma is likely very common and will not fetch any serious value as a collector's item.At the time when the Euro was adopted, 5 drachmae was pegged at €0.0147. Currently, as of 5 August 2016, €0.0147 is worth $0.0163 USD. So, the currency would theoretically be worth this $0.0163 USD at present (less than 2 cents). However, as a defunct currency, it no longer has this worth.
How much is a drach ma worth in dollars?
There is no such currency any more - the Drachma was replaced by the Euro in 2001 !
How much is the current value of a 5000000 Greek drachma banknote in Philippine pesos?
The paper money you are looking at is 5,000,000 Greek drachmas (δραχμαι πέντε εκατομύρια, or ΔΡΑΧΜΑΙ ΠΈΝΤΕ ΕΚΑΤΟΜΎΡΙΑ, or in Roman alphabet drachmai pende ekatomyria). The Greek drachma is no longer in circulation; it has been replaced by the euro. At the time of the changeover, 5,000,000 drachmas was worth exactly €14,673.51; however, you can no longer convert old drachma bank notes, so its value is limited to its worth as a collector's item. Also, there was no 5,000,000 drachma banknote at that time, so it is likely that you have an older Greek banknote, again valuable only as a collector's item.
