Revalued

Revalued is the past tense and past participle of revalue, a verb meaning to reassess and adjust the value of an asset, a currency, or another financial measure to reflect current information or market conditions. Revaluations are used in various fields, including macroeconomics, corporate accounting, and asset management, to ensure that reported figures resemble fair values rather than historic costs.

In macroeconomic and monetary policy contexts, a government or central bank may revalue a currency by officially raising its value relative to other currencies. Revaluation is distinct from depreciation or devaluation; it is intentional and occurs within fixed or managed exchange-rate regimes. Revaluations can affect import costs, inflation, and international competitiveness and are less common in freely floating systems, where currency movements occur through market forces rather than policy steps.

In accounting, revaluation is a recognized option under international financial reporting standards for certain asset classes. Under IFRS, property, plant and equipment and, in some cases, intangible assets with active markets may be carried at a revalued amount, which equals fair value at the date of revaluation. Increases are typically recorded in a revaluation surplus within equity, while decreases are recognized in profit or loss to the extent they exceed any existing surplus related to the asset; otherwise they reduce the surplus. Regular revaluations may be needed to reflect changes in market values, and external appraisals are often used.

Revalued can also describe loans, financial instruments, or inventories when remeasurement yields a new value. The term's precise implications depend on the regulatory framework and accounting standards applicable in a jurisdiction or industry.