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FX Movements versus Canadian Dollar Canadian (Appreciation) / Depreciation Currency Q1/16 Q4/15 Q1/15 Q/Q Y/Y Spot U.S. Dollar 0.713 0.765 0.787 6.7% 9.4% Mexican Peso 12.94 12.63 11.79 -2.4% -9.7% Peruvian Sol 2.479 2.514 2.411 1.4% -2.8% Colombian Peso 2,351 2,217 1,920 -6.0% -22.5% Chilean Peso 509.0 528.3 499.1 3.7% -2.0% Average U.S. Dollar 0.729 0.760 0.859 4.1% 15.1% Mexican Peso 12.57 12.65 12.27 0.7% -2.4% Peruvian Sol 2.466 2.456 2.545 -0.4% 3.1% Colombian Peso 2,317 2,284 1,968 -1.4% -17.7% Chilean Peso 517.5 522.4 522.9 0.9% 1.0% 36 86 Scotiabank®

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