Offer your thoughts or opinion on the input financial query or topic using your financial background.

Why doesn't Japan just divide the Yen by 100? 
Some answers already informed about denomination. There are currencies, doing the cut off of two digits, for example the french franc. See http://en.wikipedia.org/wiki/French_franc#New_franc  When you look to old french movies, they often talked about 'old franc' when talking about values (at least in French original, I don't know what happens in English translations).