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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

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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. What was the value of the Canadian dollar in terms of U.S. dollars in June 2011 and June 2012? Did the Canadian dollar appreciate or depreciate against the U.S. dollar over the year June 2011 to June 2012? In June 2011, the value of the Canadian dollar was $ U.S. In June 2012, the value of the Canadian dollar was $ U.S. > > > Answer to 2 decimal places. The Canadian dollar depreciated against the U.S. dollar between June 2011 and June 2012

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