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RBA Glossary definition for depreciation

depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.

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Household and Business Finances

20 Oct 2015 FSR – October 2015
Further, the large depreciation of the Australian dollar over the past year or so will have benefited businesses in a number of industries, although the increased volatility in currency markets could
https://www.rba.gov.au/publications/fsr/2015/oct/household-business-finances.html

The Global Financial Environment

10 Sep 2008 FSR – September 2008
In particular, the US economy continued to expand during this period, reflecting strength in business investment, the fiscal stimulus and strong exports due, in part, to the depreciation of the US
https://www.rba.gov.au/publications/fsr/2008/sep/global-fin-env.html

The Australian Financial System

10 Mar 2015 FSR – March 2015
19). While the recent depreciation of the Australian dollar means that unhedged foreign currency exposures have been quite profitable of late, accounting for around 7 per cent of funds' investment income
https://www.rba.gov.au/publications/fsr/2015/mar/aus-fin-sys.html