Eli5 Why do some countries measure their currencies in large units? 1.00K viewsJanuary 3, 2024 Question100.55K August 9, 2021 0 Comments For example in Vietnam, lunch can be bought for 50,000 VD and in South Korea, apartments can cost several MILLION Won. Why do some countries use such large denominations? In: Economics 10 Answers ActiveNewestOldest Anonymous Posted August 9, 2021 0 Comments Wouldn’t those be examples of *small* units though? A currency with “large” units would be (for example) Bitcoin, where lunch would cost like 0.0000001 Bitcoin. You are viewing 1 out of 10 answers, click here to view all answers. Register or Login
Latest Answers