| Author(s) | Country | Data/Methods | Findings |
| | Indonesia | Structural Equation Modelling on sample of 100 respondents | Redenomination increased the country’s credibility from citizen’s perspective |
| | 30 countries | OLS regression | No change in consumers’ patterns but doubt persists about governments’ ability to control hyperinflation |
| | 164 countries from 1960 to 2015 | Fixed effects estimators | Redenomination decreased inflation, increased estimated real GDP per capita but no significant effect of redenomination on real currency exchange rate. |
| | Israel, Argentina, Poland, Turkey and Brazil | Descriptive analysis | Positive effect on inflation in Israel, Poland and Turkey but negative impacts in Argentina and Brazil |
| | Turkey | Chow test and the Vector Auto regression model. | Redenomination reduced inflation |
| | 27 countries | Hosmer-Lemeshow test | Among indicators; inflation rate, exchange rate, economic growth and export value, inflation and economic growth are mostly affected by redenomination |
| | Indonesia (Semarang, Kudus, and Banjarnega) | Cramer’s V-test for a sample 600 respondents | Redenomination triggered money illusion |
| | Nigeria | Descriptive analysis of 153 respondents | Respondents expect redenomination of the naira to reduce inflation rate |
| | Ghana | Descriptive analysis of 130 respondents | 40.8 percent of the respondents claim redenomination was beneficial, 13.8 percent indicated that the redenomination was of no benefit while 45 percent were indifferent |
| | Ghana from 1997 to 2017 | Descriptive study | Redenomination is beneficial to economic growth. |
| | Ghana | Chow Test and Vector Autoregression (VAR) using monthly data from January 2000 to September 2017) | No evidence that redenomination directly affected inflation |
| | Ghana | Generalized method of moments (GMM) from 2002 to 2012 | While redenomination improved firm’s profitability (returns on asset), firm’s value (Tobin’s Q) decreased |