It basically just shows that the number is in the hundreds. If it wasn't there, it would be in the tenths place.
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In the number 706,543 the number 6 in in the thousands place, and has the value of six thousand.
in 33,706 it would be the hundreds place in 33.706 it would be the tenths place
706 = DCCVI
√706 ≈ 26.5707
Well, honey, 234 is the country code for Nigeria and 706 is a mobile area code within Nigeria. So, technically speaking, 234 706 is a Nigerian phone number. Hope that clears things up for ya!