depeg means to become detached from or to abandon a fixed exchange rate between two currencies. Lexicurio rates it Sui generis — a strength score of 86 out of 100.
verb
- To 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).”