Another negative effect on the Estonian economy was the currency devaluation in Great Britain, the Scandinavian countries and Finland in 1931, as a great share of Estonian exports now went to countries that had devalued their currencies by 25-35%. Estonian exports could no longer compete, resulting in a major downfall in the whole economy.
Negatiivselt mõjus Eesti majandusele Suurbritannia, Skandinaavia riikide ja Soome valuuta devalveerimine 1931. a, sest suur osa Eesti ekspordist läks nüüd riikidesse, mis olid oma valuuta 25–35% ulatuses devalveerinud.