The current results mean Greece may exit the Eurozone, according to media reports.
One euro was worth $1.0963 at 1850 GMT, down 1.58 percent from Friday night, in electronic trading before Asian markets opened.
“We’re going to see a lot of volatility and it wouldn’t surprise me if the euro’s down 2 percent or more. Everything’s going to get hit with the exception of safe-haven bonds,” Clem Miller, an investment strategist at Wilmington Trust told Bloomberg.
Greece’s immediate fate depends on European Central Bank decision to keep emergency loans flowing to Greece without the prospect of a bailout package, Bloomberg wrote.