If the Exchange Rate Between the Canadian Dollar (C$)and the U.S.dollar

Multiple Choice

If the exchange rate between the Canadian dollar (C$) and the U.S.dollar ($) changes from 1C$ = $1.30 to 1C$ = $1.05 we can say that:

A) the U.S.dollar has depreciated with respect to all the currencies across the world.
B) the Canadian dollar has appreciated with respect to the U.S.dollar.
C) the U.S.dollar has appreciated with respect to the Canadian dollar.
D) the Canadian dollar has depreciated with respect to all the currencies across the world.
E) the Canadian dollar has appreciated with respect to all the currencies across the world.