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noun

en devalvering

devaluation

Definition & meaning

Devalvering means a deliberate reduction in the value of a country’s currency, usually by its government or central bank. In a fixed exchange-rate system, this means officially lowering the currency’s value relative to other currencies or a standard such as gold.

The word can also be used figuratively for reducing the perceived worth, importance, or status of something.

A devaluation is distinct from a market-driven fall in a currency’s value, often called depreciation.

Grammar & Word origin

Devalvering is a common-gender noun: en devalvering. Its plural is devalveringar.

It is formed from the verb devalvera (“to devalue”) and the noun-forming suffix -ing. The verb derives from French dévaluer, meaning “to reduce in value.”

Synonyms & antonyms

Synonyms:

  • valutaförsvagning — a weakening of a currency; unlike devalvering, it does not necessarily imply an official decision.
  • värdeminskning — a general decrease in value, not limited to currencies or to deliberate changes.
  • nedskrivning — a reduction in recorded value, often in accounting; it is broader and more technical.

Antonym:

  • revalvering — an official increase in a currency’s value, the opposite of devaluation.

Common phrases & collocations

  • devalvera valutan — to devalue the currency.
  • en kraftig devalvering — a sharp or substantial devaluation.
  • devalvering av valutan — devaluation of the currency.

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Examples

Efter devalvering blev varor dyrare.noun

After devaluation goods became more expensive.

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