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1 Drachma Italian occupation

Emittent Italian Military Administration, Ionian Islands
Jahr 1941
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Nennwert 1 Drachma (1 δραχμή)
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Vorderseitenbeschreibung Plain white note with no pictorial vignette, relying entirely on typographic composition set within a fine guilloche border. The central text panel carries the bilingual inscription in Italian and Greek, with the denomination rendered in large Roman and Greek lettering. A manuscript signature of the Treasurer (IL TESORIERE) appears at the lower centre.
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Rückseitenbeschreibung The reverse is dominated by a large central oval guilloche medallion in dark brown, with the numeral "1" in white relief on each side flanked by fine lathe-work scrollwork. The denomination is inscribed below the medallion in both Italian and Greek. A two-part serial number is printed in dark ink at the lower left and lower right corners.
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Anmerkungen

Issued under the Italian Military Administration established after the April–June 1941 Axis invasion of Greece, this note was part of a parallel currency system imposed on the Ionian Islands — Corfu, Lefkada, Kefalonia, Ithaca, Zakynthos, and Kythira — which Italy administered separately from the German and Bulgarian occupation zones on the mainland. The Ionian Islands held particular significance for Rome: Mussolini regarded them as historically Italian territory, and the occupation had an annexationist character that distinguished it from purely military governance elsewhere in Greece.

Printed at the Istituto Poligrafico e Zecca dello Stato in Rome, the note's tiny dimensions reflect a low-denomination scrip function — local small change rather than a circulating banknote in any meaningful sense. The drachma's exchange rate against the lira was fixed by occupying authorities at an artificial level that facilitated systematic economic extraction from the islands.

DAS KÖNNTE IHNEN AUCH GEFALLEN