Bank of Greece

1944-1953

In October of 1944 Greece was liberated from the Germans and tried to build up its economy. A "new drachma" replaced the older drachma but the inflation had again appeared. As a result in 1950 a 50.000 drachma banknote was issued. In April of 1953 drachma was depreciated against the US dollar for 50%. This move stabilized Greek economy for the next 20 years.

Pick #
Date
Value
Face View
Back View
Comments
Kingdom of Greece - Fractional Notes
P-320
9/11/1944
1 dr
These are the first postwar drachmas. They're fractional notes circulated instead of coins. One postwar drachma was equal to 50 billion older drachmas!
P-321
15/1/1945
5 dr
P-322
9/11/1944
10 dr
P-323
9/11/1944
20 dr
Bank of Greece
P-169
9/11/1944
50 dr
 
P-168
1/1/1941
(2/1/1945)
50 dr
Although it says 1941, it was circulated after 1944. It's similar with P-107.
P-170
ND
(11/9/1944)
100 dr
The first postwar issues are known as Middle East issues. They're printed in England on paper of better quality comparing with the inflation issues.
P-171
ND
(2/2/1945)
500 dr
P-172
ND
(2/12/1944)
1000 dr
P-173
ND
(4/4/1945)
5000 dr
Dimensions 170x84 mm.
P-174
ND
(21/7/1945)
10.000 dr
Dimensions 180x90 mm.
P-175
ND
(1/2/1946)
10.000 dr
Dimensions 180x90 mm.
P-176
ND
(15/4/1946)
20.000 dr
Dimensions 180x90 mm.
P-180a
9/1/1947
1000 dr
There is also the same one with date 14/11/1947.
P-177
ND
(15/1/1947)
5000 dr
Dimensions 153x80 mm.
P-178
ND
(15/1/1947)
10.000 dr
Dimensions 153x80 mm.
P-179
ND
(15/1/1947)
20.000 dr
Dimensions 153x80 mm.
P-180b
14/11/1947
1000 dr
There is also the same one with date 9/1/1947.
P-181
9/6/1947
5000 dr
 
P-182
29/12/1947
10.000 dr
 
P-183
29/12/1949
20.000 dr
 
P-184
28/10/1950
5000 dr
 
P-185
1/12/1950
50.000 dr
 
Kingdom of Greece - Fractional Notes
P-324a P-324b
10/7/1950 and 1/11/1953
100 dr
We can find them with two dates: 10/7/1950 and 1/11/1953. They're replaced with coins in 1954.
P-325a P-325b
10/7/1950 and 1/11/1953
500 dr
P-326a P-326b
10/7/1950 and 1/11/1953
1000 dr

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