redenomination

デノミ　—　Institutions

Cutting down the unit in which a currency is counted.

New franc (1960, the Sower) — A photograph of the real thing this term names.

2 Kopecks (1961) — A photograph of the real thing this term names.

An operation such as relabeling one thousand yen as one yen. ⚠ Only the number of digits is reduced; the actual value does not change. It is not a means to stop inflation itself, but a measure to make accounting and cash easier to handle when the numbers have become too large.