Venezuela’s President Nicolas Maduro announced on Wednesday that five zeros will be removed off the currency. The announcement comes at a time in which hyperinflation has made the country’s currency nearly worthless.

Maduro said during a meeting with other government officials that the monetary changes will begin on August 20. He mentioned that five zeros will be knocked off the currency. The president had originally said that three zeros would be removed off the currency. The previous changes were coming with new bills that were scheduled to begin circulating in early August.

Maduro explained that the new changes will ease transactions and protect the currency. The president often blames the economic crisis on an economic war created by the opposition and the US. He has also blamed gangs for taking the currency to neighboring countries such as Colombia.

The announcement on Wednesday is one of the many that the government has made on currency in recent years. Back in late 2016, the government announced the removal of the 100 Bolivar bill, which made up a high percentage of the country’s currency. The announcement brought long lines to banks and protests from those who couldn’t exchange the bills in time.

The removal was delayed several times by the government. The 100 Bolivar bill is now worthless but the government recently released a similar bill that is much higher. After that, the government announced new bills. The launch of the new bills did not go smoothly as they could not be found everywhere. The highest bills were mostly found in the capital.

The hyperinflation has led to huge price increases in just a few years. The government does not release any data on inflation but the opposition and experts have revealed the record levels in recent years. The monthly inflation of Venezuela is much higher that what the other South American nations register combined in the year.

The announcement by Maduro comes just days after the IMF estimated that the inflation numbers could reach one million percent by the end of the year. The IMF had previously estimated that inflation would be 13,000 percent for 2018. The national assembly, which is held by the opposition, releases inflation data every month.

Venezuela’s exchange controls along with the drop in oil prices a few years ago have been blamed for the economic crisis. The government blames the problems on the economic war and sanctions imposed by the US and others.