What was the value of 100 yen in terms of U.S. dollars in June 2015 and June
Question:
What was the value of 100 yen in terms of U.S.
dollars in June 2015 and June 2016? Did the yen 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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