Difference between appreciation and revaluation in tabular form
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Appreciation under fluctuating currency rate
Revaluation within fixed currency rate
Explanation:
- When the value of a certain currency increases as compared to other countries, it is called appreciation.
- While an official rise in the price of currency under a fixed exchange rate is called Revaluation.
- The main difference between them is that revaluation occurs when the price is fixed while appreciations happen in a floating exchange rate.
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