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The Drachma, as the Greek currency, was abolished when Greece adopted the Euro as the common European currency. Now that Greece seems likely to leave the euro currency, and possibly even the European Union, Greece is likely to re-establish the drachma. (As of 1:53 PM PST, July 6, 2015, this has not yet happened, and it's at least possible that Greece will renegotiate some of their debt and remain in the EU. But I wouldn't place bets either way.)

We cannot yet even guess what the drachma will trade for, either in euros or in US Dollars. A period of high inflation is likely, so whatever the initial value is set at, it will almost certainly change.

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Q: What would be the rate of drachmas to euro dollars?
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