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$1.00 U.S. dollar bought $1.50 New Zealand dollars in 2005 and it bought $1.80 New Zealand dollars in 2015, then: the New Zealand dollar appreciated
$1.00 U.S. dollar bought $1.50 New Zealand dollars in 2005 and it bought $1.80 New Zealand dollars in 2015, then: the New Zealand dollar appreciated against the U.S. dollar. the New Zealand dollar weakened against the U.S. dollar the U.S. dollar strengthened against the New Zealand dollar. the U.S. dollar appreciated against the New Zealand dollar
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