What does the cryptic crossword clue "I now understand effect of minor currency devaluation (3,5,5)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

I now understand effect of minor currency devaluation (3,5,5)

Guardian Cryptic #26535 | 29 Across | 2015-04-02

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