eli5 Why do countries like Thailand, Zimbabwe etc have very number numbers (£100 = 4,428 Thai baht, $47,000 Zimbabwe) for something low value?

Question

As mentioned above, why do you they use such high numbers for a relatively low value item?

In: 0

Answer 1

They weren’t always that way. Over time, the value of money goes down (inflation), so the prices of things go up. It’s happened in the US and other countries too, you used to be able to get candy at a corner store for a dime, good luck trying that nowadays. For countries like the ones you said, the inflation has just been much more severe.