The lowering of the value of one currency against the value of the other currencies is known as the devaluation of money. For example, if the value of the pound lowers as compare to dollar to a great extent consistently then it would be known as devaluation of pound. There are various effects of the devaluation of a currency on an economy like it can directly impact the value of exports and imports. For writing an essay on the devaluation of money, you can start by giving a brief overview of the importance of devaluation of money. Then you can discuss the reasons of devaluation of money. After that you can write the effects of money devaluation on the overall economy. Finally, you can write the ways to control the devaluation and in one paragraph you can write the conclusion. For further help, check the article: Devaluation of money
