The Latin root is valere, 'to be strong, to be well,' the same source that gives us valor and valid and the Valentine who sends his letters in February. Valerius became Valery in Russian, firmly masculine, with a light final y that gives the name more buoyancy than its meaning suggests — not martial exactly, more like a person in excellent health who happens to be very good in a crisis.
Valery Chkalov made that quality concrete: the Soviet aviator who flew nonstop from Moscow over the North Pole to Vancouver in 1937, covering a route no one had managed, pressed the name into legend. The nickname Valera is affectionate and blunt, the shortcut that schoolmates use and that tends to stick. Feminine in English ears — it sits close to Valerie on American birth certificates — but firmly masculine across Russia and the Slavic diaspora, Valery occupies an interesting position for parents outside that tradition: continental, accessible, carrying more history than its two-front-running syllables let on. It pairs well with Aleksandr, Gennady, or Vyacheslav in a sibling set that skews classical.
Popularity
1880 to today
US SSA data. Lower rank number means more popular. A flat line at the top of the chart means the name did not rank in the top 1000.
Nicknames
No common nicknames.
Middle name ideas
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In fiction
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male given name (Алексей)
Aleksandr
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male given name (Александр)
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SteadyRussian · boy
male given name (Вячеслав)
Gennady
SteadyRussian · boy
male given name (Геннадий)
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male given name (Владимир)