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Do you remember?

11/9/2011

Greece joined the Euro in 2001 and after somewhat dressed details about the country’s economy, got the rate 340.75 Drachma to the Euro. All of us, who travelled to Greece, not least the island hoppers, sighed with relief from not having to convert from the difficult rate of Drachma anymore. It was easier with Italian Lire and Spanish Pesetas - remove three or two zeroes respectively and divide by two, and you got the amount in SEK.


It was less accurate to convert Drachma, with the ISO code GRD, in a shop or pub. The rate was around SEK 0.028, thus you could remove a zero and divide the Drachma amount by three and take away a bit. Will we be taking Drachma with us again when we go to Greece? And if so will the new code be GRN, with N meaning ‘New’?


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