Catalog
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| Issuer | Bank of Greece |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 140 × 62 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΔΡΑΧΜΑΙ ΕΚΑΤΟΝ ΔΙΣΕΚΑΤΟΜΜΥΡΙΑ ΠΛΗΡΩΤΕΑΙ ΕΠΙ ΤΗ ΕΜΦΑΝΙΣΕΙ ΕΝ ΑΘΗΝΑΙΣ ΤΗ 3 ΝΟΕΜΒΡΙΟΥ 1944 Ο ΔΙΟΙΚΗΤΗΣ ΟΙ ΔΙΕΥΘΥΝΤΑΙ |
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| Reverse lettering | ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΔΡΑΧΜΑΙ ΕΚΑΤΟΝ ΔΙΣΕΚΑΤΟΜΜΥΡΙΑ ΕΚΔΟΣΙΣ ΠΡΩΤΗ |
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| Comments |
By October 1944, Greek hyperinflation had reached a scale that defied practical comprehension. The Axis occupation had forced the Bank of Greece to print currency to cover German and Italian requisitioning demands, compressing years of monetary destruction into months. This 100 billion drachmai note was one of the largest denominations issued during that collapse — though it was already functionally inadequate within weeks of printing.
The redenomination of November 1944 converted 50 billion old drachmai to a single new drachma, effectively erasing the face value of this note to a fraction of two units of the reformed currency.