9.2 Canadian Loonie The Canadian dollar's value against the U.S. dollar has seen some significant changes over recent history. Using the graph of the C$/US$ exchange rate for the 30-year period between January 1980 and January 2015, estimate the percentage change in the Canadian dollar's value (it is affectionately known as the "loonie") versus the dollar for the following periods: January 1980 - January 1986 January 1986 - October 1991 October 1991 - December 2001 October 2001 - April 2011 April 2011 - January 2015 Hint: calculate %A in the value of the Loonie from starting to ending value for each period. a) The average %A in the value of the Loonie from 1980 to 2015 is: _ (4 decimal places) Problem 9.2 Canadian dollars (CAD) = 1.00 U.S. dollar (USD) January 1980-January 2015 (monthly average) 1.60 1.41 1.26 1.13 0.96 Jan-98 Sep-02 May-03 Jan-04 Sep-04 May-05 Jan-06- Sep-06- May-07- Jan-08 - Sep-08 May-09 - Jan-10 Sep-10 May-11 Jan-12 Sep-12 May-13 Jan-14 Sep-14 Sep-98 May-99 Jan-00 Sep-00 May-01 Jan-02 Jan-80 Jan-82 Jan-96 Sep-82 Jan-84 May-81 Sep-80 Jan-94 Jan-92 May-83 Jan-88 Jan-86 Sep-96 Sep-88 Sep-84 Sep-86 May-97 May-95 Sep-94 Jan-90 May-85 May-87 May-89 Sep-92 Sep-90 May-93 May-91