Definition
- Appreciation
- Appreciation is a rise in the value of a currency in terms of other currencies, which is also called strengthening.
- Not to be confused with: Depreciation
- Depreciation is a fall in the value of a currency in terms of other currencies, which is also called weakening.
Test yourself
What is the difference between appreciation and depreciation?
Depreciation is a fall in a currency's value; appreciation is a rise.