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Why is 1ooo called a k?

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Anonymous

∙ 18y ago
Updated: 11/1/2022

'K' stands for kilo. 'Kilo-' is a Greek-based [I think] prefix that means one thousand, as in kilogram [1000 grams] or kilowatt [1000 watt]. I'm not sure when it was adapted to currency, but surely it was used as a handy shorthand in place of zeroes.

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Wiki User

∙ 18y ago
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