Devaluation is a complex economic process that can significantly affect currency and the overall economic situation in a country. For Russia, this phenomenon holds particular importance as the country's economy is heavily reliant on global markets. During devaluation, the purchasing power of the national currency changes, leading to increased prices for imported goods and services, and potentially triggering higher inflation levels. These processes have a substantial impact on businesses, the financial sector, and the everyday 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.