Devaluation is a complex economic process that can significantly impact currency and the overall economic situation in a country. For Russia, this phenomenon holds particular significance as the country’s economy is heavily reliant on global markets. During a devaluation, the purchasing power of the national currency changes, leading to rising prices for imported goods and services and potentially provoking an increase in inflation levels. These processes have a substantial impact on business, the financial sector, and the daily lives of citizens. In our article, we will explore the main consequences of devaluation for the Russian economy, the mechanisms of its impact, and strategies that can help mitigate its negative effects.