The dollar losing a quarter of its value between 2002 and 2008 is an example of a currency that:

1. Apply the vocabulary to the historical case. 2. A strengthening currency appreciates and a weakening one depreciates. 3. From 2002 to 2008 the US dollar lost more than a quarter of its value. 4. That loss was in foreign currency markets. 5. Losing value against other currencies means the dollar depreciated. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Exchange Rates and International Capital Flows'_