different between devaluation and revaluation
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Devaluation, the deliberate downward adjustment in the official exchange rate, reduces the currency's value; in contrast, a revaluation is an upward change in the currency's value. For example, suppose a government has set 10 units of its currency equal to one dollar.
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Devaluation is the deliberate downward adjustment of the value of a country's money relative to another currency, group of currencies, or currency standard. ... It is often confused with depreciation and is the opposite of revaluation, which refers to the readjustment of a currency's exchange rate
Revaluation is an adjustment made to the recorded value of an asset to accurately reflect its current market value. With Debitoor invoicing software, it's easier than ever to track the value of your assets.
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