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RBA Glossary definition for appreciation

appreciation – An increase in the value of an asset. In foreign-exchange terms, it is a relative increase in the value of one currency compared to another.

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Relative Prices and Resource Shifts

1 Jun 1990 RDP 9003
Warren Tease
The subsequent rise in export prices in foreign currency terms was, again, offset by the appreciation of the Australian dollar. ... An appreciation of the exchange rate contributed to the relative fall in import prices from 1987.
https://www.rba.gov.au/publications/rdp/1990/9003/relative-prices-and-resource-shifts.html

Analytical Framework

1 Jun 1990 RDP 9003
Warren Tease
The appreciation will continue until the excess demand is offset by a rise in the current account deficit. ... real appreciation and resources will be shifted from the production of import-competing goods towards non-traded goods.
https://www.rba.gov.au/publications/rdp/1990/9003/analytical-framework.html

Conclusion

1 Jun 1990 RDP 9003
Warren Tease
Each of these factors contributed to an appreciation of the real exchange rate during this period and left the real exchange rate above its earlier level for a considerable time.
https://www.rba.gov.au/publications/rdp/1990/9003/conclusion.html

Causes of the Fluctuation in the Current Account

1 Jun 1990 RDP 9003
Warren Tease
an appreciation of the real exchange rate – came through higher domestic inflation rather than by movements in the nominal exchange rate. ... But tight policy was not the only factor in the appreciation: the rise in the terms of trade, of itself,
https://www.rba.gov.au/publications/rdp/1990/9003/causes-of-the-fluctuation-in-the-current-account.html

Introduction

1 Jun 1990 RDP 9003
Warren Tease
This gave rise to the “Gregory Thesis” – that the enhanced export performance would, perforce, require an appreciation of the real exchange rate or a reduction of tariffs, in order to encourage
https://www.rba.gov.au/publications/rdp/1990/9003/introduction.html

Some Unresolved Issues: Foreign Debt and the Equilibrating Role of the Exchange Rate

1 Jun 1990 RDP 9003
Warren Tease
That is, if the market observes an appreciation in the present period then it will expect an appreciation next period.
https://www.rba.gov.au/publications/rdp/1990/9003/some-unresolved-issues-foreign-debt-and-the-equilibrating-role-of-the-exchange-rate.html