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For comparison, in Poland the "old" and "new" functioned for 2 years. After 2 years it was not legal to pay with them but you could still exchange them in nati

by adql 4y ago

For comparison, in Poland the "old" and "new" functioned for 2 years. After 2 years it was not legal to pay with them but you could still exchange them in national bank... ...for next 14 years It's just WTF.

manojlds 4y ago
Same in India for most cases when taking out old notes in circulation etc This particular demonitisation was done as a shock move to ostensibly catch corruption, black money etc. It was lauded and welcome when it was announced, including by yours truly. It was quickly seen as a poor execution by most except the ardent supporters (which doesn't include me) I am sure most in the govt would secretly agree it was a bad move.