Question on nov 192015 australian dollars exchange rate, Ask an Expert

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Question: On Nov 19,2015, Australian Dollar's exchange rate against the US Dollar was $0.7194/A$; while on Nov 18, 2016, it was $0.7339/A$. What was the percentage change? Was it a devaluation or revaluation or appreciation or depreciation of the Australian Dollar against the US Dollar?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92857616

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