From 2006 through August 2011, the US dollar fell in value from 8 Chinese Yuan to 6.4 Chinese Yuan. During that time we would say that relative to the US dollar, the Yuan has appreciated in value.

Question

Quizplus · Accepted Answer

When the value of the US dollar falls in relation to another currency, it means that the other currency has become relatively stronger or more valuable. Therefore, the Yuan has appreciated in value relative to the US dollar.

From 2006 Through August 2011, the US Dollar Fell in Value