If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar,the franc depreciates and the dollar appreciates.

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If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar, the franc actually appreciates and the dollar depreciates. This is because it now takes fewer francs to buy a dollar, indicating that the franc has strengthened against the dollar. Conversely, the dollar has weakened against the franc, as it now buys fewer francs.

If the Exchange Rate Between the Dollar and the Swiss