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
The AVERAGE price of eggs is 25,544.06. The actual prices are more like 25,000 or 26,000. Their smallest bank notes is 1,000, so transactions will be in multiple of 1000.
In these countries, you can just say the number in multiple of thousands. When you say 25, people will know you mean 25,000 – because it’s physically impossible to send someone 25.
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