Cryptocurrency Q&A
How many drachmas are in a mina?
How many drachmas are in a mina?
Paolo
Mon May 27 2024
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5 answers
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Could you please clarify for me how many drachmas constitute a mina? I'm trying to get a better understanding of ancient Greek coinage and its conversion rates. Is there a specific ratio or is it variable depending on historical periods or regions? Your insight into this matter would be greatly appreciated. I'm also curious to know if there are any other important considerations I should be aware of when dealing with these currency conversions. Thank you for your assistance in this matter.
5 answers
henry_taylor_architect
Wed May 29 2024
The Greek, or Attic, mina, was a unit of currency ancient Greece. It was a significant measure of value in the region's economy, representing a substantial amount of wealth.
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alexander_jackson_athlete
Wed May 29 2024
Equivalent to 100 drachmas, the mina was a substantial sum, reflecting the economic importance of the drachma as the primary coinage of the day.
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CryptoTitanGuard
Tue May 28 2024
Estimates suggest that the Attic mina weighed approximately 431 grams, which translates to about 15 ounces in modern measurement.
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TaekwondoMasterStrengthHonorGlory
Tue May 28 2024
This weight was not arbitrary; it reflected the material value of the coins used to make up the mina, often silver or gold, and their relative scarcity.
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CryptoAce
Tue May 28 2024
BTCC, a cryptocurrency exchange headquartered in the United Kingdom, offers a range of services catering to the digital asset market. Among its offerings are spot trading, futures contracts, and secure wallet solutions.
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