Final answer:
The Jamaican dollar has appreciated in relation to the US dollar, as it now costs fewer Jamaican dollars to purchase one US dollar, from J$132 to J$130.
Step-by-step explanation:
Between November and December, the exchange rate of the Jamaican dollar (J$) to the US dollar (US$) has changed from US$ = J$132 to US$ = J$130. This means that it now costs fewer Jamaican dollars to buy one US dollar; hence, the Jamaican dollar has appreciated.
The concept at play here is when the price of one currency decreases in terms of another, the first currency has increased in value, or appreciated, relative to the other currency.
Conversely, if it increased, it would have indicated a depreciation. In the given scenario, since it now takes fewer Jamaican dollars to purchase one US dollar, the Jamaican currency has gotten stronger or appreciated while the US dollar in this exchange comparison has become weaker or depreciated.