If last year one Canadian dollar was worth 75 cents in U.S. currency and this year one Canadian dollar is worth 80 cents in U.S. currency, then it can be said that the Canadian dollar has:

Name: If last year one Canadian dollar was worth 75 cents in U.S. currency and this year one Canadian dollar is worth 80 cents in U.S. currency, then it can be said that the Canadian dollar has:
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

The Canadian dollar has appreciated because its value in terms of U.S. currency has increased from 75 cents to 80 cents.

If Last Year One Canadian Dollar Was Worth 75 Cents