Why do countries devalue their currencies? - Tell me why

What is currency devaluation and what does it mean? And why do countries, by their own wish, devalue their currencies? Find out why countries devalue their currency in this short animated video.
How is currency devaluation done?
What is the benefit of currency devaluation?
What is currency devaluation example?
Why would a country devalue its currency?
Is currency devaluation good or bad?
What are the benefits of currency devaluation?
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Sources and further readings:
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Background music:
Kevin Macleod
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