Exchange rate can be understood as price. When the exchange rate rises, the price will rise.

There are two main expressions of exchange rate. One is how much local currency is converted into foreign currency, that is to say, direct quotation, such as China, with 100 USD =637.35 RMB. In this way, the rise in exchange rate means that the amount of foreign currency converted into local currency has increased, that is, the local currency has depreciated. The other is how much foreign currency the local currency is converted into, that is, the local currency has appreciated.

Most countries in the world quote directly, so there is no special explanation. The direct purchase price is the default purchase price, and the exchange rate rises to the depreciation of the local currency.