Abbreviate large numbers in Javascript (as a es6 module)

abbreviate-number.js

export default function abbreviateNumber(value) {
  let newValue = value;
  const suffixes = ["", "K", "M", "B","T"];
  let suffixNum = 0;
  while (newValue >= 1000) {
    newValue /= 1000;
    suffixNum++;
  }

  newValue = newValue.toPrecision(3);

  newValue += suffixes[suffixNum];
  return newValue;
}