NOMISMA

Exchange deadline

交換期限 — Institutions

The dark side of redenomination. For those who missed the deadline, their banknotes became mere paper.

The deadline by which old banknotes can be exchanged for new ones during a currency redenomination. For those who miss the deadline, their banknotes become just paper.

⚠ The bright side of redenomination is the simplification of denominations; the dark side is the deadline. A currency exchange inevitably leaves some people behind.