Catalog
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| Issuer | Bank of Greece |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 100 000 000 000 Drachmai (100 000 000 000) |
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| Obverse description | Red-brown note with a vignette of the nymph Deidamia at left, rendered in a classical sculptural style within an oval frame with guilloche border. The bank title ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ appears at upper right, with the denomination ΔΡΑΧΜΑΙ 100 and the full text ΕΚΑΤΟΝ ΔΙΣΕΚΑΤΟΜΜΥΡΙΑ below. The date 3 ΝΟΕΜΒΡΙΟΥ 1944 is inscribed at center-lower area alongside two signature lines for the Governor and Directors. |
|---|---|
| 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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| 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.