Term
Appreciation (currency)
The opposite of depreciation: the currency gains value and each dollar costs less of it. The number on the chart goes down.
In pesos: From 19.00 to 18.00, a $1,000 USD trip drops from $19,000 to $18,000 MXN.
Where to go deeper
1/4 5 min Read What it means when the peso weakens A beginner's guide to how the peso-dollar exchange rate works: who moves it, why it swings, and what it means for your money.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.