Why we can’t decrease the number on money easly?

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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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Anonymous 0 Comments

All the currency in circulation and everything in every bank account would need to be changed at the same time or you’d end up with problems. All of that changing is expensive so unless it’s causing problems there’s a high cost, high risk, and low reward.

Money can be swapped though. Look at the creation of the real in Brazil. There they were solving the problem of inflation so it was worth the cost and effort.

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