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,
Romania and the euro law requires that the coat of arms of the country be used on coin designs. In Romanian, the currency is called "euro" , and its subunit "eurocent" . Romania and the euro Romania is required by its EU accession agreement to replace the current national currency, the Romanian leu, with the euro, as soon as Romania fulfills all of the six nominal euro convergence criteria. The leu is not yet part of the European Exchange Rate Mechanism (ERM II), of which minimum two years of stable membership is one of the six nominal convergence criteria to comply with to qualify