If the Japanese yen appreciates from $0.01 per yen to $0.02 per yen,the U.S. dollar depreciates from ________ per dollar to ________ per dollar.

Question

Quizplus · Accepted Answer

When the value of the yen doubles against the dollar (from $0.01 to $0.02), it means that you now need fewer yen to get one dollar. Initially, $1 could buy 100 yen ($0.01 per yen), but after appreciation, $1 can only buy 50 yen ($0.02 per yen), indicating the dollar has depreciated relative to the yen.

If the Japanese Yen Appreciates from $0