When the lowest amount of currency you could possibly buy anything with is so high, why don’t countries
“condense” the value of their currency? For example, [12 eggs in Indonesia costs 25,544.06 Rp (their local currency)](https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=11) why don’t they condense their currency so it only costs 4-5 units of currency? Wouldn’t it make the math easier for people?
In: Economics
It’s a thing that happens and is called redenomination. It’s an involved process that requires an exchange rate from the old currency to the new one and a way to exchange bills. It also isn’t a surefire way to fix the problem, especially if the pun try is experiencing extreme inflation.
For an example of why countries don’t do it, see [Zimbabwe](https://en.m.wikipedia.org/wiki/Zimbabwean_dollar)
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