noun (plural drachmas or drachmae /-mē/)
1The basic monetary unit of Greece (until the introduction of the euro), notionally equal to 100 lepta.
- Although we were told that the price of living here had become much more expensive since the euro replaced the drachma, it still seemed pretty cheap to us - especially eating out.
- The drachma disappeared, replaced by the euro when Greece joined the single European currency.
- The euro, which replaces the old francs, marks, guilders, pesetas, escudos, drachmas, and lire of the European Union, is not yet five years old.
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