Greek lepton pay 'to the very last mite' before being released from prison. In the Hasmonean Kingdom the lepton was first minted under Alexander Jannaeus prior to 76 B.C.E. In modern Greece, "lepton" (modern form: "lepto", λεπτό) is the name of the 1/100 denomination of all the official currencies of the Greek state: the phoenix (1827–1832), the drachma (1832–2001) and the euro (2002–current) – the name is the Greek form of "euro cent". Its unofficial currency sign is Λ (lambda). Since the late 1870s, and until the introduction of the euro in 2001, no Greek coin had been minted with a denomination
Euro the highest weighting. With the exception of Bosnia, Bulgaria, Macedonia (which had pegged their currencies against the Deutsche Mark) and Cape Verde (formerly pegged to the Portuguese escudo), all of these non-EU countries had a currency peg to the French Franc before pegging their currencies to the euro. Pegging a country's currency to a major currency is regarded as a safety measure, especially for currencies of areas with weak economies, as the euro is seen as a stable currency, prevents runaway inflation and encourages foreign investment due to its stability. Within the EU several currencies are pegged to the euro,