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Need help in explaining this, I answered Appreciate the first attempt and got it wrong and put depreciate my second attempt and got it wrong.

Need help in explaining this, I answered Appreciate the first attempt and got it wrong and put depreciate my second attempt and got it wrong. The other was stay the same, can you explain why the MP would be staying the same.

Question 8 O out of 9.09 points During 1995, the Mexican peso exchange rate rose from Mex$5.33/U.S.$ to Mex$7.64/U.S.$. At the same time, U.S. inflation was approximately 3% in contrast to Mexican inflation of about 48.7%. Did Mexican peso appreciate, depreciate or stay the same in real terms? Selected Answer: Depretiate

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