1. to reduce the official value of a currency in relation to other currencies
Usage: economics
2. to cause something to be worth less or to be considered less important

Examples

• The government decided to devalue the currency to boost exports.
• Economic instability forced the country to devalue its peso.
• Don’t let criticism devalue your achievements.
• The scandal devalued the company’s reputation.
• Mass production can devalue handmade crafts.
• She felt that working for free would devalue her skills.
• The flood damage devalued the property significantly.