What is the meaning of currency depreciation?

currency depreciation is a decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency.

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APABarry Goldsmith. (2010). currency depreciation. Retrieved September 22, 2026, from http://smartdefine.org/currency_depreciation/definitions/1151266
ChicagoBarry Goldsmith. 2010. "currency depreciation" http://smartdefine.org/currency_depreciation/definitions/1151266 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, currency depreciation, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/currency_depreciation/definitions/1151266>.
MLABarry Goldsmith. "currency depreciation" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/currency_depreciation/definitions/1151266>