Re-denomination is a process of changing the face value of banknotes, the face value. So a 25,000 dinar becomes a 25. A redenomination itself is considered symbolic as it does not have any impact on the country’s exchange rate. The zeros are removed but the purchasing power stays the same…Deletion of the zeros, removing of the zeros, lopping off the zeros, all the same thing. All they’re doing is change the way the bank notes look but the purchasing power stays the same.
