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The South African rand (ZAR) has changed signficantly against the dollar: S(jan 16) = ZAR14.45 / USD, S(jan17) = ZAR13.45 / USD. Calculate the percentage

The South African rand (ZAR) has changed signficantly against the dollar: S(jan 16) = ZAR14.45 / USD, S(jan17) = ZAR13.45 / USD. Calculate the percentage change of the ZAR. A) +6.920% B) -7.435% C) -6.920% D) +7.435%

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