devaluation

noun

de·​val·​u·​a·​tion (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
-yü-ˈā-
Synonyms of devaluationnext
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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Of those programs, Flying Blue can offer outsized value with occasional sales, while Hyatt redemptions continue to offer a better deal than competing hotel programs even after recent devaluations. — Rob Pegoraro, PC Magazine, 27 Aug. 2026 The rial’s devaluation will have the effect of making imports more expensive and Iranian exports cheaper. — Nadeen Ebrahim, CNN Money, 24 Aug. 2026 Despite his assurances that the central bank was working on preventing a devaluation of the Iranian rial, the currency has struggled to remain above a black market exchange rate of 2 million per dollar — a record low. — Nabih Bulos, Los Angeles Times, 24 Aug. 2026 Higher yields generally challenge stocks, but strong nominal GDP growth and corporate profits can mitigate this, offering a hedge against potential currency devaluation. — Bill Stone, Forbes.com, 22 Aug. 2026 See All Example Sentences for devaluation

Word History

First Known Use

1914, in the meaning defined at sense 1

Time Traveler
The first known use of devaluation was in 1914

Phrases Containing devaluation

Rhymes for devaluation

See All Rhymes for devaluation

Browse Nearby Words

devaluate
devaluation
devalue
See all Nearby Words

Cite this Entry

“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 1 Sep. 2026.

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Legal Definition

devaluation

noun
de·​val·​u·​ation (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
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

More from Merriam-Webster on devaluation

Thesaurus: All synonyms and antonyms for devaluation

Britannica.com: Encyclopedia article about devaluation

Last Updated: - Updated example sentences
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