Devaluation is a complex economic process that can significantly impact currency and the overall economic situation in a country. For Russia, this phenomenon is particularly significant, as the country's economy is heavily reliant on global markets. In conditions of devaluation, the purchasing power of the national currency changes, leading to increased prices for imported goods and services, and may trigger a rise in inflation levels. These processes have a considerable impact on business, the financial sector, and the daily lives of citizens. In our article, we will examine the main consequences of devaluation for the Russian economy, the mechanisms of its impact, and strategies that can help minimize its negative effects.