Topic Videos
Difference between Depreciation and Devaluation
- Level:
- AS, A-Level
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
A depreciation of the value of the exchange rate happens in a floating currency system whereas a devaluation happens inside a fixed or semi-fixed exchange rate system.The central bank changes the official peg / currency anchor price for official trading. This short revision video clip looks at some recent examples.
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