1953

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Events

October

November

  • November 24: Spiros Markezinis, unofficially the Finance MInister of the Alexandros Papagos government, announces that he will proceed with "cutting off three zeroes from the currency bills." The value of the drachma against the dollar becomes 1 to 30 and not 1 to 30,000 as it had been.

December

  • December 29: Greece replaces the oka with the kilogram as the standard measure of weight.