0
I assume that you are referring to a 5,000,000 Drachmai note from Greece (the first letter, called "delta" in greek, looks a little like an "a" in some fonts).
The Greek Drachma is no longer in use, having been supplanted by the Euro in January 2002 at a rate of 340.75 drachma to the euro.
My guess is that your note dates to 1941-1944, which was an era of hyper-inflation in Greece (and the only time a bill over 50,000 drachma was issued).
In 1944, the drachma was revalued at 50,000,000,000 to 1, and in 1953 again by 1000 to 1. That would mean that your 5,000,000 drachma bill, were it exchangable (and I seriously suspect it was long ago demonetized) would be worth 1/10,000,000 of a 2002 drachma, or about 1/3 of a billionth of a euro (this is effectively zero).
As for a value to collectors, that would largely depend on the condition of the bill and the rarity of the particular bill issue in question.
*****Not wanting to delete the historical information above, this note books for about $3 in perfect uncirculated condition - so would be an interesting conversation piece to hold onto.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoYou 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 The drachmai is no longer in use, having been replaced by the Euro on January 1, 2002.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 500,000 would be equal to 1,465 Euro (US$2,073.40 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 500,000 "second" drachmai are worth about 1.46 Euros, and 500,000 "first" drachmai are, for exchange rate purposes, worthless.
Wiki User
∙ 15y agoWhat is the value of a 1942 greek apaxmai note? ...
Wiki User
∙ 12y agoPounds stirling
Wiki User
∙ 12y agowat is de waarde in euro van 20 apaxmai
Mik Lopez
.2
Madhavi Patankar
Add your answer:
Earn +20 pts
What is a 100 apaxmai ekaton note worth in sterling?
Type your answer here... £0.30pence
Could someone tell me the worth of 5000000 apaxmai counterfeit notes 1944.?
What makes you think the notes are counterfeit? Generally, unless there is an historic story associated with the counterfeit (like the operation Bernhardt English notes) the notes are worthless. There was a genuine issue 5,000,000 Drachmai note issued in 1944. A mint uncirculated example would be worth $3.
What is a 1944 10000 yuan note worth?
98 u.s. dollars
What is the value of a 1000000 Greek Apaxmai bill from 1944 in American currency?
Your 1 Million Drachma Greek inflationary note has very little value -- they were printed like wallpaper -- perhaps a dollar from an interested buyer.
Is there a 500000 bill?
No, the largest denomination issued was the $100,000 note.
What is the value of a 1944 Bank of China 200 Yuan note?
A very good used note would be worth about $5, rising to $80 in mint uncirculated condition.
How much is 25.000 apaxmai worth?
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 25,000 would be equal to 73.25 Euro (US$103.67 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 25,000 "second" drachmai are worth about 0.07 Euros, and 25,000 "first" drachmai are, for exchange rate purposes, worthless.
What is the value of a 1944 Austrian 1 Schilling note?
The Allied Military Authority 1944 Issue Austrian 1 Schilling note is worth either $4 or $8 in mint uncirculated condition depending on which of two types; Without wavy lines = $8, with = $4. crisp circulated notes are worth about $1 regardless of type.
How much 1944 5 franc are worth in the US?
A 5 franc note from 1944 is currently worth 93 cents in US currency. These banknotes were published during World War II. With the adoption of the Euro, francs are no longer legal tender in France.
How much is a 500000 Mil Pesos note from Argentina worth in US Dollars?
On 11/12/10, 500,000 Argentina pesos = 126,326.43 US dollars. Use the link below for up to date exchange rate.
How much are each music note worth?
A whole note is worth 4 beats, a half note is worth 2 beats, a quarter note is worth 1 beat, an eighth note is worth 1/2 a beat, a sixteenth note is worth 1/4 of a beat, a dotted half note is worth 3 beats, and a dotted quarter note is worth 1 and a 1/2 beats.
What is the Canadian value in 2016 for a 500000 pesos bank note from Republican Argentina?
At the time of answering - 500,000 ARS = 46,077.12 CAD
