Währungsabwertung

German

Etymology

Währung (currency) +‎ -s- +‎ Abwertung (devaluation/depreciation)

Pronunciation

  • IPA(key): [ˈvɛːʁʊŋsˌʔabveːɐ̯tʊŋ]
  • Hyphenation: Wäh‧rungs‧ab‧wer‧tung

Noun

Währungsabwertung f (genitive Währungsabwertung, plural Währungsabwertungen)

  1. (economics, finance) currency depreciation, devaluation (a decrease in the value of a currency relative to other currencies)
    Die Währungsabwertung machte heimische Produkte auf dem Weltmarkt billiger, verteuerte aber gleichzeitig die Energieimporte.
    The currency depreciation made domestic products cheaper on the world market, but at the same time increased the cost of energy imports.

Declension

Synonyms

  • Depreziation (market-driven decline)
  • Devaluation (official reduction in value)
  • Kursverfall (sharp decline in exchange rate)

Antonyms

Coordinate terms

  • Wechselkurs (the rate at which one currency is traded for another)
  • Leistungsbilanzdefizit (often a cause or consequence of devaluation)
  • Leitzins (a low interest rate can lead to capital outflow and depreciation)
  • Importinflation (inflation caused by rising prices for imported goods)
  • J-Kurven-Effekt (the phenomenon where a trade balance first worsens before it improves after a devaluation)
  • abwerten (to devaluate/depreciate)
  • Abwertungswettlauf (competitive devaluation)