Term
Depreciation (currency)
When a currency loses value against another, so you need more of it to buy the same dollar. The number on the chart goes up.
In pesos: If USD/MXN goes from 18.00 to 19.00, the peso depreciated: the same dollar now costs one peso more.
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.Related assets
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Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.