Assume the exchange rate for PNG alters from 32 to 43 Japanese Yen, what will happen to PNG Kina relative to the Japanese Yen?

Question

Answer in one short sentence.

Answer 1

The PNG Kina will depreciate relative to the Japanese Yen.

Answer 2

I thought it will appreciate

Answer 3

Apologies for the confusion. When the exchange rate increases from 32 to 43 Japanese Yen per PNG Kina, it means that the Kina is now worth more Yen, indicating it has appreciated relative to the Yen.

Answer 4

In terms of cost, what will happen to the Japanese import?
Answer in one short correct sentence.

Answer 5

The cost of Japanese imports will increase for those using PNG Kina.