"Three currency reconversions since 2008 have resulted in the elimination of 14 zeros from the local currency. Venezuela will thus become the Latin American country to have eliminated the largest number of zeros from its currency, while the country has been going through a de facto dollarization for months. Analysts believe transactions in dollars make up for at least 70% of the country's operations."

Three zeros in 2008, five in 2018, six more now.

More on what this is like for ordinary Venezuelans at https://www.huffpost.com/entry/venezuela-new-currency_n_6156...: "Under the old system, a two-liter bottle of soda pop could cost more than 8 million bolivars."