The 1,000,000 Drachmes 1944, issued by the Bank of Greece, is a historical banknote from the period of extreme hyperinflation during World War II. As Greece was under Axis occupation (1941–1944), its economy collapsed, leading to skyrocketing prices and the issuance of high-denomination banknotes to keep up with inflation.
The obverse features an intricate classical design, with the denomination "1,000,000 ΔΡΑΧΜΑΙ" (1,000,000 Drachmes) prominently displayed. The inscription "ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ" (Bank of Greece) is at the top, signifying its official issuance. The design includes decorative borders and fine details, common in Greek banknotes of the era.
The reverse typically maintains geometric and ornamental patterns, reinforcing the security features and artistic style of wartime Greek currency.
Printed in multi-color ink on lightweight paper, this banknote is a powerful representation of Greece’s economic struggles during World War II, as inflation forced the issuance of rapidly increasing denominations. A significant and historically valuable piece for collectors of hyperinflation-era banknotes and wartime numismatics.
📌 Note: The serial number on the banknote may vary.
