If the Dollar Price of One South African Rand (ZAR)increases

Multiple Choice

If the dollar price of one South African rand (ZAR) increases from $0.076 in 1999 to $0.083 in 2003, we can say that the reciprocal exchange rate moved from:

A) $1 = ZAR 13.2 in 1999 to $1 = ZAR 12.0 in 2003.
B) $1 = ZAR 12.0 in 1999 to $1 = ZAR 13.2 in 2003.
C) $1 = ZAR 0.076 in 1999 to $1 = ZAR 0.083 in 2003.
D) ZAR 1 = $0.083 in 1999 to ZAR 1 = $0.076 in 2003.
E) $1 = ZAR 176 in 1999 to $1 = ZAR 183 in 2003.