1. Exchange-rate essentials

Use the hypothetical information in the following table to answer the questions that follow.

Country	Currency Symbol	Exchange Rates
(Currency)		On May 1, 2016		On May 1, 2017
		Per $	Per	Per $	Per
Canada (dollar)	C$	1.26	1.622	1.118	1.412
Eurozone (euro)	or EUR	0.777		0.792
Japan (yen)		104.8	134.9	113.9	143.8
United Kingdom (pound)		0.524	0.675	0.548	0.693
United States (dollar)	$		1.287		1.263

Please answer all parts below, including bolded brackets and blank spaces. Thanks.

The U.S. exchange rate against the British pound on May 1, 2017, was [$0.548/ $1.825 / $1.263] per pound ().

Using information from the previous table, indicate whether each currency listed in the following table appreciated or depreciated against another currency between May 1, 2016, and May 1, 2017.

Currency	Appreciated	Depreciated
The Canadian dollar against the U.S. dollar
The U.S. dollar against the Japanese yen
The British pound against the euro

Over the period of May 1, 2016, to May 1, 2017, the U.S. dollar [ appreciated / depreciated] against the euro by [1.9% / 12.5% / 7.3% / 6.9%] . The euro [appreciated / depreciated] against the Canadian dollar by [7.3% / 12.5% / 12.9% / 6.9%] .