Live revision! Join us for our free exam revision livestreams Watch now

Topic Videos

Difference between Depreciation and Devaluation

AS, A-Level
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.

Difference between Depreciation and Devaluation

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.