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Synonyms

devaluation

American  
[dee-val-yoo-ey-shuhn] / diˌvæl juˈeɪ ʃən /

noun

  1. an official lowering of the exchange value of a country's currency relative to gold or other currencies.

  2. a reduction of a value, status, etc.


devaluation British  
/ diːˌvæljuːˈeɪʃən /

noun

  1. a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation

  2. a reduction in value, status, importance, etc

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

devaluation Cultural  
  1. A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.


Other Word Forms

Etymology

Origin of devaluation

First recorded in 1910–15; devaluate + -ion

Explanation

Devaluation is when the worth of something is underestimated. If nobody appreciates your corny jokes, you might say, "The devaluation of humor in this family is truly tragic!" You can use the word devaluation for anything that isn't fully appreciated or valued, but it's more often used in an economic context. When a government deliberately lowers the value of its currency, as it compares to other countries, that's devaluation. It's one way to lower the cost of exporting goods, and it sometimes helps repair an ailing economy. Devaluation comes from value, "worth or price," and its Latin source, valere, "be strong."

Keep Reading on Vocabulary.com

Vocabulary lists containing devaluation

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Millions with so-called straight jobs shudder at their steady devaluation in the face of artificial intelligence.

From Salon May 4, 2026

In an address this week, Prime Minister Abdulhamid Dbeibah acknowledged that the devaluation had once again "put the burden on citizens".

From Barron's Feb. 21, 2026

Just over a week ago, the dollar index fell to a four-year low on fears of a more prolonged devaluation in the U.S. currency.

From MarketWatch Feb. 9, 2026

Protests erupted in Iran last Sunday over inflation and currency devaluation, after the Iranian rial hit a record low against the US dollar.

From BBC Jan. 3, 2026

Growth fell back to 2.8% in 2001 and 1.8% in 2002, largely due to lackluster global growth and the devaluation of the Argentine peso.

From The 2003 CIA World Factbook by United States. Central Intelligence Agency

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