On Friday, one South African rand was worth $.0953; on Monday the value was $.0962. On Friday, one Kuwaiti dinar was worth $3.56; on Monday it was worth $3.54. Given these rates, which one of the following statements must be correct?

a.On Friday, one U.S. dollar was worth 10.395 rands.

b. Both the South African rand and the Kuwaiti dinar appreciated against the U.S. dollar from Friday to Monday.

c.

On Thursday, one U.S. dollar was equal to .0944 South African rand.

d.

The South African rand appreciated from Friday to Monday against the U.S. dollar.

e.

The U.S. dollar depreciated from Friday to Monday against the Kuwaiti dinar.