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 • 612 views

This phrase is correct and commonly used in English.

"devalued currency"

This phrase is used to describe a situation where a currency loses its value compared to other currencies.

Show examples from the web [+]

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

This phrase is correct and commonly used in English.

"depreciated currency"

This phrase is also used to describe a currency that has lost value compared to other currencies.

Show examples from the web [+]

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

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

Emails and short texts
Proofreading & editing
Ready in 5-10 minutes

SUBMIT YOUR TEXT NOW

Document Editing

Documents of any type (*.docx)
Advanced & Premium editing
Ready in as little as 4 hours

UPLOAD YOUR DOCUMENT

Ask an Editor

Personalized answers to your language questions
Expert guidance on grammar, style, and usage
Ready in 24 hours

ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

3. Receive Your Polished Text

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Zubair
from Bangladesh

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Arturo
from Mexico

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Selena
from USA

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Ifiok
from Nigeria

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Wilson
from France

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Susan
from Germany

devalued currency vs depreciated currency