demonetize


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Synonyms for demonetize

deprive of value for payment

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References in periodicals archive ?
It is more challenging to demonetize coins than banknotes.
If ever the BSP would demonetize coins, Guinigundo said it may take them a few years.
IN CASE you have forgotten, the Bangko Sentral ng Pilipinas (BSP) will demonetize or withdraw from circulation old bills issued before December 2010.
Sicat said the move to demonetize old bank notes is in line with the practice of other central banks in the world, which change their currency design every 10 years.