In the first episode of the Mandalorian, Mando (or someone else) refuses to accept Imperial credits as a payment as they are worthless. As this is set just after the fall of the Empire, why are Imperial credits already worthless?
Surely the New Republic wouldn't have had time to replace an entire currency, and credits would be just credits afterall. Surely some kind of financial/economic stability would be needed?
Is there a reason for this? Indeed in real life is it common for this to happen?
I can understand when one country invades enough they might switch to the invading countries currency if they "swallowed" the loser. But in this case, the rebellion weren't exactly another state