Context i live in iraq there we have 1000 dinnsr and 250 dinnar 500 dinnar as our Currency but we use it as one dinnar half a dinnar quarter dinnar same concept same numbers so why not just remove the zeros? The transaction will be the same the about is the same why you can’t just simply remove zeros? If you act like they don’t? In the first place?
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It can be done! I was in Mexico on vacation about 20 years ago when they did just that. On Jan, the New Peso took effect, changing the exchange rate to the US $ from 5000:1 to 5:1. Old Pesos were accepted at 1/1000 face value, so a 20,000 peso bill was worth 20 New Pesos. People had like a year to swap out bills for the new ones before they stopped being accepted.
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