Greek drachma Union collapsed due to World War I. Between 1926 and 1930, a new coinage was introduced for the new Hellenic Republic, consisting of cupro-nickel coins in denominations of 20 lepta, 50 lepta, 1 drachma, and 2 drachmae; nickel coins of 5 drachmae; and silver coins of 10 and 20 drachmae. These were the last coins issued for the first modern drachma, and none were issued for the second. Notes were issued by the National Bank of Greece from 1841 until 2001 when Greece joined the Euro. Early denominations ranged from 10 to 500 drachmae. Smaller denominations (1, 2, 3 and
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,