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The global economy

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Question 38

Using the table below, identify which currency has depreciated against the US Dollar (USD) between March 2022 and October 2022.

CurrencyUnits of national currency per 1 USD (March 2022)Units of national currency per 1 USD (October 2022)
Canadian Dollar (CAD)1.301.38
South African Rand (ZAR)15.0014.20

Canadian Dollar (CAD)

South African Rand (ZAR)

Both the Canadian Dollar and South African Rand

Neither currency

The global economy Questions

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  3. /The global economy