Currency
The basic unit of Athenian currency was the obol:
| Unit | Greek name | Equivalent |
|---|---|---|
| obol or obolus | ὀβολὸς | 0.56 g |
| drachma | δραχμὴ | 6 obols |
| mina | μνᾶ | 100 drachmae |
| talent | τάλαντον | 60 minae |
Read more about this topic: Ancient Greek Units Of Measurement
Famous quotes containing the word currency:
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (1908–1944)
“Money is the worst currency that ever grew among mankind. This sacks cities, this drives men from their homes, this teaches and corrupts the worthiest minds to turn base deeds.”
—Sophocles (497–406/5 B.C.)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)