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10 000 000 000 Drachmai
| Issuer | Bank of Greece |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | Log in to see details |
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| 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 ΔΕΚΑ ΔΙΣΕΚΑΤΟΜΜΥΡΙΑ Ο ΔΙΟΙΚΗΤΗΣ ΠΛΗΡΩΤΕΑΙ ΕΠΙ ΤΗ ΕΜΦΑΝΙΣΕΙ ΟΙ ΔΙΕΥΘΥΝΤΑΙ ΕΝ ΑΘΗΝΑΙΣ ΤΗ 20η ΟΚΤΩΒΡΙΟΥ 1944 (Translation: Bank of Greece, Drachmai Ten Billion, in Athens on 20th October 1944) |
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| Reverse lettering | ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ 10 ΔΙΣΕΚΑΤΟΜΜΥΡΙΑ ΕΚΔΟΣΙΣ ΠΡΩΤΗ (Translation: Bank of Greece, 10 Billion, First issue) |
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| Comments |
Greece's wartime hyperinflation was among the worst in recorded history. By late 1944, the occupying Axis powers had systematically looted the Greek economy and forced the Bank of Greece to print currency to cover occupation costs, triggering a collapse so severe that denominations climbed from hundreds to billions of drachmai within months. This note — ten billion drachmai — was not an anomaly but a routine transaction instrument by the time it entered circulation.
The printing quantity of just under eleven million notes is modest given the circumstances, suggesting this denomination appeared relatively late in the spiral, when even larger notes were already being prepared.