revaluate

[ree-val-yoo-eyt]

verb (used with object), re·val·u·at·ed, re·val·u·at·ing.

to make a new or revised valuation of; revalue.
to increase the legal exchange value of (a nation's currency) relative to other currencies.

Origin of revaluate

1920–25; probably back formation from revaluation; see re-, value, -ate¹

Related formsre·val·u·a·tion, nounnon·re·val·u·a·tion, noun

1949, back-formation from revaluation.