| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| 1 GBP converted to USD | 1.35 | 1.28 | 1.20 | 1.38 |
| 1 GBP converted to INR | 92.5 | 89.1 | 95.4 | 101.2 |
Using Figure 1, identify how the value of the Pound Sterling (GBP) in terms of Indian Rupees (INR) changed over the period 2019 to 2020.
depreciated
appreciated
stayed the same
devalued
