feel free to call us +919500077790 info@eqsis.com
Demonetize is the act of stripping a currency unit of its status as legal tender and also change of national currency.
A recent eg of demonetization is when the european monetary union adopted euros. First it fixed exchange rates and the old currency was demonetized.
Process of removing a currency from general usage, or circulation. gold was demonetized in this way when it ceased to be used as an everyday currency.
deprive (a coin or precious metal) of its status as money.”coins minted with the name and portrait of Emperor Caligula were demonetized after his death”
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro