Depeg

verb

verb ·Rare ·Advanced level

Definitions

Verb
  1. 1
    To become detached from or to abandon a fixed exchange rate between two currencies. ambitransitive

    "It also led international bankers and hedge fund managers to expect that the region's currencies would soon or later depeg from the dollar and depreciate (or be allowed to float)."

Synonyms

All synonyms
unpeg

Example

More examples

"It also led international bankers and hedge fund managers to expect that the region's currencies would soon or later depeg from the dollar and depreciate (or be allowed to float)."

Etymology

From de- + peg.

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.