Devalue, DEPRECIATE, LOWER, and CHEAPEN are all terms used to describe the process of devaluation. Devaluation is a decrease in the value of a currency relative to other currencies or commodities. It is usually done by a government in order to make its exports more competitive in the international market. The effects of devaluation can be both positive and negative, depending on the country's economic situation. Lowering the value of a currency can help stimulate exports and increase employment, but it can also lead to higher inflation and a decrease in purchasing power. Depreciation is a similar concept, but it refers to the decrease in the value of an asset over time due to wear and tear or obsolescence. DEVALUE and CHEAPEN are also related terms, but they refer to the decrease in the value of something due to external factors such as market forces or government policies.