depeg

D2E1P3E1G2

verb

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

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Meanings

verbdepeg (third-person singular simple present depegs, present participle depegging, simple past and past participle depegged)

present singular third person depegs · participle present depegging · participle past depegged · past depegged

  1. ambitransitivebusinessTo become detached from or to abandon a fixed exchange rate between two currencies.

    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).

    2002, Pietro P. Masina, Rethinking Development in East Asia: From Illusory Miracle to Economic Crisis

Synonyms & antonyms

Also see
unpeg

Origin

From de- + peg.

Full word history & related roots →
Cite this entry
APA

depeg. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/depeg

MLA

“depeg.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/depeg. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “depeg,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/depeg.

Source: depeg on Wiktionary, CC BY-SA 4.0.