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)
- (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
Declension of Währungsabwertung [feminine]
Synonyms
- Depreziation (market-driven decline)
- Devaluation (official reduction in value)
- Kursverfall (sharp decline in exchange rate)
Antonyms
- Währungsaufwertung (currency appreciation)
- Appreziation (market-driven increase)
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)
Related terms
- abwerten (to devaluate/depreciate)
- Abwertungswettlauf (competitive devaluation)