0 to officially stop using particular notes or coins, or a particular currency:
In 2002 the currencies of twelve European countries were demonetized and replaced with the Euro.
During this period, rice prices were unstable due to heavy fluctuation of currency values, and other local prices fluctuated as well, so it was best to demonetize inputs and outputs.
By such means we can avoid the many obvious difficulties and disadvantages of proposing that the old money, gold, should be demonetized.
As such, legislation was passed in the individual territories to demonetize the silver dollars.
And in 1876, legislation was passed to demonetize the silver dollars.
And in 1876, legislation was passed to demonetize the silver dollars for fear of them returning.
