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devalued currency vs depreciated currency

Both 'devalued currency' and 'depreciated currency' are correct phrases that are commonly used in English. They are interchangeable and can be used to describe a currency that has lost value compared to other currencies.

Last updated: April 01, 2024

devalued currency

This phrase is correct and commonly used in English.

This phrase is used to describe a situation where a currency loses its value compared to other currencies.
  • Like I said, trust is a devalued currency in here.
  • Trust is a devalued currency in here.
  • A devalued currency would increase exports and would cause Greek households and firms to substitute domestic products for imported goods.
  • When you do decide to withdraw, you will be faced with a debt to the eurozone that has been inflated by your own devalued currency.
  • «By exiting from the euro, Greece could put a devalued currency back in circulation, stimulating demand and thus achieving a positive balance of trade.The markets know perfectly well that Greece, already insolvent, will go bankrupt sooner or later.

Alternatives:

  • currency that has been devalued
  • currency with reduced value

depreciated currency

This phrase is correct and commonly used in English.

This phrase is also used to describe a currency that has lost value compared to other currencies.
  • Unemployment soared, the currency depreciated, and food prices rose dangerously.
  • Oil prices rose rapidly, while the euro depreciated against major currencies.
  • In 2005, the euro depreciated against these currencies.
  • During 2008 several European currencies depreciated significantly versus EUR, while in 2009 this trend partly reversed.
  • The euro's existence has meant that some peripheral countries that historically depreciated their currency in order to regain competitiveness have been pushed into applying harsh austerity measures to fight the crisis.
  • There are further risks for inflation prospects in countries whose currencies have depreciated in recent years.
  • These two currencies both depreciated by more than 20 % versus the EUR in the last four months of 2008.
  • The demand for euro banknotes increased in particular in eastern European countries, where the national currencies depreciated against the euro.
  • In fact it is explained that in countries whose currencies depreciated, short term interest rates rose, sometimes considerably and the result was a definite slowdown in the economic activities of those countries as well.
  • First, with the exception of the Hong Kong dollar, currencies depreciated by significant margins vis-à-vis the US dollar.
  • After reaching USD 1.49 on 27 November 2007, the single currency depreciated slightly to stand at USD 1.47 on 31 December 2007, 11.8% stronger than at the beginning of that year.
  • It also depreciated against the currencies of several of the new EU Member States: the Czech koruna, the Hungarian forint, the Polish zloty and the Slovak koruna (see also Section 3).
  • In any event, it should be pointed out that the Australian currency depreciated during the first seven months of the IP and subsequently appreciated during the next five months, as compared to its parity to the ECU/EUR of the first month of the IP.
  • In any event, it should be pointed out that the Australian currency depreciated during the first seven months of the IP and subsequently appreciated during the next five months of the IP, as compared to its parity to the ECU/EUR of the first month of the IP.
  • The price of gold (like most commodities) on world markets is expressed in US dollars, and the euro has depreciated against the US dollar (and some other currencies).
  • After remaining broadly stable against the euro in late 2001 and early 2002, the US dollar depreciated quite sharply relative to the single currency from April until end-July 2002.
  • Since the beginning of they ear, the national currency - dinar has been depreciated by 4.4%, but according to the governor it is not unusual for the floating exchange rate, because the foreign currency market is constantly changing.
  • For years Washington has accused China of manipulating the exchange rate. However, the truth is that the yuan has not depreciated "artificially", but rather appreciated itself in comparison to the US currency.
  • The fact that dinar has been depreciated is not bad in itself, because it increases the competitiveness of the national economy, but the Serbian national currency is still overrated, added the distinguished expert.
  • Venezuela has the highest rate of inflation in the world and this has largely depreciated the value of the currency bolivar.

Alternatives:

  • currency that has depreciated
  • currency with decreased value

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