If the exchange rate between the dollar and the yen is ¥80 = $1 this week, and is ¥87 = $1 next week, we say that the dollar appreciated.

Question

Quizplus · Accepted Answer

When the exchange rate changes from ¥80 = $1 to ¥87 = $1, it means that now you need more yen to buy a single dollar. This indicates that the value of the dollar has increased relative to the yen, which is described as the dollar appreciating.

If the Exchange Rate Between the Dollar and the Yen