Why do some countries show prices in millions or billions?
It's not that the food is expensive, it's how the country chose to slice its currency. Sometimes that goes very wrong.

The short version
Different countries slice their money into different-sized pieces. A Japanese yen is worth much less than a US dollar, so the same meal costs more yen. That's normal. But when numbers explode into millions or billions, something has gone wrong.
Two different stories
1. Just a different unit (normal)
Some currencies are simply divided into smaller pieces. 100 Japanese yen ≈ 1 Singapore dollar. It's like measuring in centimetres vs inches, same length, different numbers. Nothing's broken.
2. A currency has collapsed (not normal)
When a country prints too much money, prices explode. A loaf of bread might cost billions. This is hyperinflation, and it's a sign the money has lost all trust.
- Zimbabwe once issued a 100-trillion-dollar note.
- Hungary (1946) had prices doubling every 15 hours.
- Venezuela recently dropped six zeros from its currency just to make numbers manageable.
What usually happens next
Countries often "re-denominate", they chop zeros off and issue new money. 1,000,000 old pesos becomes 1 new peso. It doesn't fix the root problem, but it makes everyday maths possible again.
The lesson
Huge numbers on a price tag don't mean "rich." They usually mean the money has lost its value. What matters isn't the number, it's what the money can actually buy.
Investing Time Machine
It's 2015. You have $1,000. Split it across 5 companies and fast-forward 10 years.
In 2025 your $1,000 became
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Korean electronics giant. Modest gains.
Interactives
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