Definition of "redenominate"

redenominate

verb
third-person singular simple present redenominates, present participle redenominating, simple past and past participle redenominated
1. (transitive) To denominate again or anew.
  Quotations
  The kwacha had been redenominated last year, from multiples of a thousand to multiples of one.
  2019, Namwali Serpell, The Old Drift, Hogarth, page 471