Macroeconomics
Currency Depreciation
Definition
What is Currency Depreciation?
A market-driven decrease in a currency's value relative to another.
Example in practice
How This Looks in Practice
Naira depreciationThe systematic allocation of a tangible asset's cost over its useful life. raises the local value of a dollar investmentAn asset or commitment of money made with the expectation of future income, growth, or both..
Keep learning
Related Terms
Macroeconomics
Gross Domestic Product
The total market value of final goods and services produced within a country during a period.
MacroeconomicsReal GDP
Gross domestic product adjusted for changes in prices.
MacroeconomicsNominal GDP
Gross domestic product measured at current prices without adjusting for inflation.
Market SentimentRisk-On Market
A market environment in which investors favour higher-risk assets.