Price depreciation

Price depreciation

It is the decline in the pip value of a forex or currency pair over some time. To calculate the exchange rate depreciation in terms of pip value, subtract the initial value from the final value. For instance, if the AUD/USD pair was at 0.8550 and fell to 0.8515, the currency has depreciated by 0.8515-0.8550= -0.0035 pips.