devaluation
noun
de·val·u·a·tion
(ˌ)dē-ˌval-yə-ˈwā-shən 
-yü-ˈā-
1
: an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
2
: a lessening especially of status or stature : decline
Examples of devaluation in a Sentence
Recent Examples on the Web
The task force has also recommended payments to residents based on the harms suffered from inequities such as housing segregation, mass incarceration, over policing, devaluation of Black businesses, and health disparities.
—
Nicquel Terry Ellis, CNN, 16 June 2024
The spending cuts and currency devaluation that Mr. Milei has delivered have, at least in the short term, hit the populace hard – exacerbating a recession, increasing poverty to 55%, and driving annual inflation toward 300%, among the highest in the world.
—Isabel Debre, The Christian Science Monitor, 13 June 2024
The currency devaluation caused those imports — already expensive because of high tariffs — to explode in price.
Nigerians can become paupers almost overnight.
—Ismail Auwal Taiwo Aina, New York Times, 11 June 2024
During Nero's reign, the coins were required to be 92.5 percent silver to protect the currency against inflation and devaluation.
—Jennifer Ouellette, Ars Technica, 11 Apr. 2024
See all Example Sentences for devaluation 
Nicquel Terry Ellis, CNN, 16 June 2024
The spending cuts and currency devaluation that Mr. Milei has delivered have, at least in the short term, hit the populace hard – exacerbating a recession, increasing poverty to 55%, and driving annual inflation toward 300%, among the highest in the world.
—Isabel Debre, The Christian Science Monitor, 13 June 2024
The currency devaluation caused those imports — already expensive because of high tariffs — to explode in price.
Nigerians can become paupers almost overnight.
—Ismail Auwal Taiwo Aina, New York Times, 11 June 2024
During Nero's reign, the coins were required to be 92.5 percent silver to protect the currency against inflation and devaluation.
—Jennifer Ouellette, Ars Technica, 11 Apr. 2024
See all Example Sentences for devaluation
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“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 4 Jul. 2024.
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devaluation
noun
de·val·u·ation
(ˌ)dē-ˌval-yə-ˈwā-shən
1
: an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
2
: a lessening of the value of something (as an asset)
portfolio devaluation
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