What was the value of the Canadian dollar in terms of U.S. dollars in June 2015 and

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What was the value of the Canadian dollar in terms of U.S. dollars in June 2015 and June 2016? Did the Canadian dollar appreciate or depreciate against the U.S. dollar over the year June 2015 to June 2016?

The U.S. dollar exchange rate increased from $1.24 Canadian in June 2015 to $1.29 Canadian in June 2016, and it decreased from 121 Japanese yen in June 2015 to 108 yen in June 2016.

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Related Book For  answer-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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