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10 000 000 Drachmai Trikala
| Issuer | Bank of Greece |
|---|---|
| Year | 1944 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΔΡΑΧΜΑΙ ΧΙΛΙΑΙ ΠΑΡΟΤΕΛΕΙ ΕΠΙ ΤΗ ΕΜΦΑΝΙΣΕΙ Ο ΔΙΟΙΚΗΤΗΣ ΟΙ ΔΙΕΥΘΥΝΤΑΙ ΕΝ ΑΘΗΝΑΙΣ ΤΗ 21Η ΑΥΓΟΥΣΤΟΥ 1942 |
| Reverse description | The reverse of the underlying 1000 Drachmai note bears a large black overprint in Greek text proclaiming the revalued denomination of 10,000,000 Drachmai (ΔΕΚΑ ΕΚΑΤΟΜΜΥΡΙΑ), authorised by the Trikala regional command on 29 September 1944. The overprint includes a serial number handwritten in manuscript, references to the authorising decree, and two manuscript signatures of the Trikala Platzkommandant and the Nomarch of Trikala. The legend ΕΚΔΟΣΙΣ ΤΕΤΑΡΤΗ appears at the foot. |
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| Comments |
The 10,000,000 drachmai denomination sounds staggering, but by the time this note circulated in late 1944, Greek hyperinflation had already made even larger figures necessary. The occupation period — German, Italian, and Bulgarian forces simultaneously drawing on the Greek economy — had destroyed the currency's purchasing power with unusual speed. The Bank of Greece was effectively printing to order for the occupation authorities, with little control over volume.
Trikala, named in the payable line, was one of several regional issue points used to distribute notes across the mainland during this period. The 1944 series reached denominations that would within months be superseded by the post-liberation currency reform of November 11, 1944, which introduced the new drachma at 50 billion old to one.