drachma (Meaning)
drachma (n)
a unit of apothecary weight equal to an eighth of an ounce or to 60 grains
formerly the basic unit of money in Greece
drachma (n.)
A silver coin among the ancient Greeks, having a different value in different States and at different periods. The average value of the Attic drachma is computed to have been about 19 cents.
A gold and silver coin of modern Greece worth 19.3 cents.
Among the ancient Greeks, a weight of about 66.5 grains; among the modern Greeks, a weight equal to a gram.
Synonyms & Antonyms of drachma
No Synonyms and anytonyms found
drachma Sentence Examples
- In ancient Greece, the drachma was the primary unit of currency, consisting of six obols.
- The value of a drachma fluctuated over time, but it generally corresponded to the amount of silver contained in the coin.
- Drachmas were commonly used for everyday transactions, such as purchasing food, clothing, and household goods, though large transactions were often made using gold staters.
- Athenian drachmas were widely accepted throughout the Greek world due to the prominence of Athens as a political, economic, and cultural center.
- Other Greek city-states also issued their own drachmas, frequently adorned with distinctive symbols and designs reflecting their local identity.
- The introduction of the drachma marked a significant transition from earlier forms of currency, such as barter and the use of precious metals by weight.
- The devaluation of the drachma during periods of economic instability or war significantly impacted the purchasing power of citizens and the stability of the economy.
- The drachma played a crucial role in facilitating trade and commerce across the Mediterranean region, fostering economic growth and cultural exchange.
- The legacy of the drachma continues to influence modern currencies and economic systems, with many countries adopting the decimal system based on the division of a unit into 100 subunits, which originated from the drachma's division into 100 lepta.
- The term "drachma" is still occasionally used today in reference to historical or cultural contexts, particularly in discussions about ancient Greece and the development of economic systems.
FAQs About the word drachma
a unit of apothecary weight equal to an eighth of an ounce or to 60 grains, formerly the basic unit of money in GreeceA silver coin among the ancient Greeks, ha
No synonyms found.
No antonyms found.
In ancient Greece, the drachma was the primary unit of currency, consisting of six obols.
The value of a drachma fluctuated over time, but it generally corresponded to the amount of silver contained in the coin.
Drachmas were commonly used for everyday transactions, such as purchasing food, clothing, and household goods, though large transactions were often made using gold staters.
Athenian drachmas were widely accepted throughout the Greek world due to the prominence of Athens as a political, economic, and cultural center.
