Question

The u.s. dollar exchange rate increased from ​$0.960.96 canadian in june 2011june 2011 to ​$1.031.03 canadian in june 2012june 2012​, and it decreased from 8181 japanese yenjapanese yen in june 2011june 2011 to 7878 japanese yenjapanese yen in june 2012june 2012. between june 2011june 2011 and june 2012june 2012​, the u.s. dollar​ ______ against the canadian dollar. between june 2011june 2011 and june 2012june 2012​, the u.s. dollar​ ______ against the japanese yenjapanese yen.

Answer 1

Given that the U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to ​$1.03 Canadian in June 2012​, and it decreased from 81 Japanese Yen in June 2011 to 78 Japanese Yen in June 2012.

Between June 2011 and June 2012​, the U.S. dollar​ appreciated against the Canadian dollar.

Between June 2011 and June 2012​, the U.S. dollar​ depreciated against the Japanese Yen.