devaluate

de·val·ue  (d-vly) also de·val·u·ate (-vly-t)

v. de·val·ued also de·valu·at·ed, de·val·u·ing also de·val·u·at·ing, de·val·ues also de·val·u·ates

v.tr.

1. To lessen or cancel the value of.

2. To lower the exchange value of (a currency) by lowering its gold equivalency.

v.intr.

To lower the exchange value of a currency by lowering its gold equivalency.

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de·valu·ation n.

Thesaurus

Verb	1.	devaluate - remove the value from; deprive of its value devalue cheapen, degrade - lower the grade of something; reduce its worth demonetise, demonetize - deprive of value for payment; "demonetize a coin"
	2.	devaluate - lose in value; "The dollar depreciated again" depreciate, devalue, undervalue decrease, diminish, lessen, fall - decrease in size, extent, or range; "The amount of homework decreased towards the end of the semester"; "The cabin pressure fell dramatically"; "her weight fell to under a hundred pounds"; "his voice fell to a whisper" depreciate - lower the value of something; "The Fed depreciated the dollar once again"