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Storage Difference between varchar and nvarchar

I have a table with two fields. Both are nvarchar in type. I have 100,000 records in this table.
I have stored normal characters only in those fields, it doesn't have any international characters. If i change the datatype from nvarchar to varchar, Will the storage size of that table decreases?

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ill
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sizeOf( varchar)= 0.5* sizeOf ( nvarchar)
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Aneesh
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ynaina

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any data loss can happen in this process
If you dont have unicode characters , nothing will loss