Threemodern Greekcurrencies, the first introduced in 1832 by the GreekKing Otto(????) and the last replaced by theeuroin 2001 (at the rate of 340.75 drachmae to the euro). The euro did not begin circulating until 2001 but the exchange rate was fixed on 19 June 2000, with legal introduction of the euro taking place in January 2002.