Question: The Canadian dollar's value against the U.S. dollar has seen some significant changes over recent history. Using the following graph of the C$/US$ exchange rate
The Canadian dollar's value against the U.S. dollar has seen some significant changes over recent history. Using the following graph of the C$/US$ exchange rate for the 30 year period between 1980 and end-of-year 2010 to estimate the percentage change in the Canadian dollar's value (its affectionately known as the "loonie") versus the dollar for the following periods.
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Canadian dollars (CAD) 1.00 U.S. dollar (USD) January 1980-January 2015 (monthly average) 1.70 1.60 1.50 1.40 130 1.20 1.60 1.41 1.13 1.10 1.00 0.96 0.90 0.80
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