10 Drachmai

Greece in 1944 was under joint Axis occupation, and what remained of the country's monetary administration was operating under conditions of catastrophic hyperinflation. By October of that year, the drachma had depreciated so severely that the occupying authorities and the collaborationist government had flooded the economy with successive high-denomination issues just to keep transactions functional. A 10-drachmai note by this point had essentially no purchasing power.

Upon liberation, the incoming Greek government issued the Emergency Law of November 1944, redenominating at 50 billion old drachmai to one new drachma. Notes of this series were rendered worthless overnight.