Greek drachma Greek drachma Drachma ( , ; pl. "drachmae" or "drachmas") was the currency used in Greece during several periods in its history: It was also a small unit of weight. The name "drachma" is derived from the verb (, "(I) grasp"). It is believed that the same word with the meaning of "handful" or "handle" is found in Linear B tablets of the Mycenean Pylos. Initially a drachma was a fistful (a "grasp") of six "oboloí" or "obeloí" (metal sticks, literally "spits") used as a form of currency as early as 1100 BC and being a form of "bullion": bronze,
Alexander the Great in the Quran most widely used coin in the Greek world. After Alexander's conquests, the "drachma" was used in many of the Hellenistic kingdoms in the Middle East, including the Ptolemaic kingdom in Alexandria. The Arabic unit of currency known as the "dirham", known from pre-Islamic times up to the present day, inherited its name from the "drachma". In the late 2nd century BC, silver coins depicting Alexander with ram horns were used as a principal coinage in Arabia and were issued by an Arab ruler by the name of Abi'el who ruled in the south-eastern region of the Arabian Peninsula. In 1971,