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Changes devaluation or revaluation

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On a particular date, the exchange rate between the Great Britain Pound (GBP) and the Australian Dollar and the exchange rate between the Australian Dollar and Euro were respectively £0.6223/A$ and A$1.55/€. On a later date, the exchange rates were respectively £0.6101/A$ and A$1.50/€. What were the percentage changes in values of the GBP and Euro against the Australian Dollar between these two dates? Were the changes devaluation or revaluation or appreciation or depreciation of these currencies? Assume that Australian Dollar is the home currency.

Reference no: EM132524457

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