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Message:: [QUOTE="Pavlos, post: 3645359, member: 96635"]Nice coin. Just as a note, 50 drachmes = 0.16 USD at the exact time it switched to the euro, with a rate of 340.75 drachmes to 1 euro (2001). The drachma was fluctuating very very much over its history. Greece joined the Bretton Woods system in 1953 and the drachma was worth around 30 drachmes to 1 dollar, so that coin would be worth around 1.70 dollars. This was all the way until after the Greek junta in 1974, where the Greek "economic miracle" (as they call it) ended. After that it got a little bit less worth, around 40 drachmes to 1 dollar, it stayed stable around that number. The funny thing is, that the moment Greece joined the European Union in 1981, the drachma became much and much less worth. In 1980 it was still ~38 drachmes to 1 dollar, in 1982 it was already ~72 drachmes to 1 dollar. And finally, when this coin got minted in 1986, it was already ~150 drachmes to 1 dollar. So, at the time, the purchasing power of that coin was around 0.33 USD. Sorry, a little bit off topic, but I just wanted to share the story behind the "modern'' drachma <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]