Greek drachma exchanged for new ones at the rate of 50,000,000,000 to 1. Only paper money was issued. The government issued notes of 1, 5, 10 and 20 drachmae, with the Bank of Greece issuing 50-, 100-, 500-, 1000-, 5000-, and 10,000-drachma notes. This drachma also suffered from high inflation. The government later issued 100-, 500-, and 1000-drachma notes, and the Bank of Greece issued 20,000-and 50,000-drachma notes. In 1953, in an effort to halt inflation, Greece joined the Bretton Woods system. In 1954, the drachma was revalued at a rate of 1000 to 1. The new currency was pegged at 30
Language and the euro 1999 with the motivation that "euro is a masculine noun". But the issue was then re-examined many times. Finally, in 2001 the consensus of the Accademia coalesced in favour of invariability. The rationale was based on the fact that abbreviated words originating from a longer word (for example "auto" from "automobile" (car) or "moto" from "motocicletta" (motorbike)) do not have a plural form, as well as the fact that the word "euro" is considered an abbreviation of the word "Eurovaluta" (European currency) . In 2002 an amendment to the financial act was proposed to adopt "euri" as the plural form