CultureAugust 17, 2026

drachma

DRAK-muh

Definition

The silver currency unit used in ancient Athens, which served as a standard measure of value for wages and daily trade.

Etymology

Derived from the ancient Greek 'drakhmē', meaning 'a handful' (referring to a handful of iron rods used as currency before the adoption of minted coins).

In the news

In the article, the drachma illustrates the economic life of the Agora, noting that a skilled craftsman could earn one per day, providing enough to support a modest family.

Ancient Agora History Guide: Democracy & Daily Life

Read the full article ↗

https://www.thetraveler.org/

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