The diagram above shows how exchange rates and relative price levels evolved over time.

Evaluate the following statements:

1. Between 1985 and 1990, nominal exchange rate of C$ against US$ appreciated
2. Between 1963 and 1965, nominal exchange rate of C$ against US$ depreciated
3. Between 1975 and 1980, nominal exchange rate of C$ against US$ appreciated
4. Between 1963 and 1965, real exchange rate of C$ against US$ depreciated
5. Between 1980 and 1990, nominal exchange rate of C$ against US$ appreciated

From the answers below, choose which statement/statements is/are correct: