Revalorization

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August 31, 2024 4 min read Definitions

Revalorization of Currency: Definition and Detailed Analysis

Economics Finance Currency Revalorization Inflation Devaluation Government Policy

Revalorization of currency is the replacement of one currency unit by another, often done by governments in response to frequent or severe devaluation and high inflation rates. This article covers its historical context, types, key events, and implications.