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Today, the spot exchange rate between the Mexican peso and the U . S . dollar is MP 1 8 . 0 3 0 0

Today, the spot exchange rate between the Mexican peso and the U.S. dollar is MP18.0300/5. Twenty years ago, the spot exchange rate was MP10.9400/$. What is the percentage appreciation/depreciation of the Mexican peso over this period?
39.3% depreciation
64.8% appreciation
64.8% depreciation
39.3% appreciation
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