It depends whether the dollar will be kept as the world reserve currency and if oil and commodities are justified in dollars. Otherwise, it is worth less that the Greek currency if they leave the Euro.
The Greek currency is the Drachma of 100 Lepta. There are no Greek Shillings.
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1.00 EUR=1.29140 USD Euro=United States Dollars
The 1983 500 drachma note from Greece is no longer in circulation since Greece adopted the euro in 2002. Its value today is primarily of interest to collectors rather than for its face value. Depending on its condition and rarity, a 1983 500 drachma note might be worth a few dollars to collectors, but it would not hold significant currency value in the U.S.
Greece doesn't use dollars as their currency. The official currency in Greece is the Euro and the current exchange rate is 1.17 Euros to £1 (GBP).
Same things modern currency is used for. Exchange of goods and services.
The value of a 500,000 Greek drachma note in Australian dollars (AUD) depends on the current exchange rate and the collectible market for old currency. As of the euro's introduction in 2002, the drachma is no longer in circulation. Generally, the note may have a nominal value of around AUD 200-300, but its actual worth can vary based on condition and demand among collectors. For an accurate valuation, it's best to check with a currency exchange or numismatic dealer.
That is pre-Euro Greek currency and is no longer in circulation.
It depends whether the dollar will be kept as the world reserve currency and if oil and commodities are justified in dollars. Otherwise, it is worth less that the Greek currency if they leave the Euro.
the new greek currency is euro. it has replaced the earlier drachmas.
The currency of Greece is the Euro. Jan 2010 exchange rate : $1 = €0.67. €1 = $1.43
Ah, the Greek drachma! Before the euro, the exchange rate from Greek drachma to US Dollars varied over time due to economic factors. It's like painting a happy little tree, always changing and flowing like a gentle stream. Just remember, every currency has its own unique story and value.
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.
As of my last knowledge update, the Greek drachma was replaced by the euro in 2002, with an exchange rate of approximately 340.75 drachmas to 1 euro. If we use this rate, 5,000,000 drachmas would be roughly €14,700. To convert euros to US dollars, the exchange rate varies, but as a rough estimate, this would be around $15,500 to $16,000, depending on the current euro to dollar exchange rate.
Prior to 2001/02 (when the Euro became the new Greek national currency) the "drachma" had been the main unit of Greek currency for almost 3,000 years.
English banks are unlikely to convert Greek drachma notes, as the currency was replaced by the euro in 2002. Most banks have ceased to accept or exchange outdated currencies, especially those that are no longer in circulation. If you have drachma notes, your best option would be to contact a specialized currency exchange service or a collector. However, the chances of finding a bank willing to convert them are very slim.