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 intent of Once Upon a Time in Shaolin was to counter the devaluation of music by releasing only one copy of the album. — John Kennedy, VIBE.com, 16 Oct. 2026

Some analysts have cautioned that the GDRs could leave Kenyan investors exposed to FX risks as the GDR tracks the Lagos share price, which is in naira, meaning currency devaluation could significantly affect investors. — semafor.com, 14 Oct. 2026

The devaluation of the dinar means that each dollar earned from oil exports brings in more dinars, helping the Iraqi government cover domestic spending. — ABC News, 7 Oct. 2026

Rewards are subject to inflation through consistent devaluations, so in that sense, now is always the best time to use your credit card and loyalty rewards. — Jason Stauffer, CNBC, 7 Oct. 2026

Word History

First Known Use

1914, in the meaning defined at sense 1

Phrases Containing devaluation

• pre-devaluation

Rhymes for devaluation

• abdication
• aberration
• abjuration
• abnegation
• abrogation
• acceptation
• acclamation
• acclimation
• accusation
• activation
• actuation
• acylation

Legal Definition

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