5000 Drachmai pink, large type

This note belongs to the immediate postwar reissue of the wartime 5000 Drachmai series, printed as Greece attempted to restore monetary order following the catastrophic Axis occupation inflation — a period during which the drachma had effectively ceased to function as a store of value. The "large type" designation distinguishes this from the visually similar P#172, the difference being a typographic modification to the denomination text rather than any change in the underlying plate design.

The broader 1944–1946 stabilization effort ultimately failed. A new currency reform in November 1944 had already replaced these notes at a rate of 50 billion old drachmai to one new drachma, making surviving examples of this series more a record of hyperinflationary collapse than functional tender.