Investor Glossary-zarInvestor Glossary-zarInvestor Glossary-zarInvestor Glossary-zarInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

ZAR

The HTML to link to this page
 

ZAR is the three-character currency abbreviation for the South African Rand based on the ISO-4217 standard codes. ZAR is the official currency of the Republic of South Africa. The common usage symbol for the ZAR is R. The South African Reserve Bank is the government institution that issues the ZAR. The ZAR divides into smaller units known as cents. Each ZAR equals 100 cents. The ZAR is considered an important currency but is not actively traded in the international currency markets. The value of the ZAR against other currencies "floats" and is determined by its trading and exchange in the currency markets. That is, market forces determine the value of the ZAR. The approximate conversion value (in late 2005) for the ZAR in US dollars is ZAR 6.00+ to USD 1.



Rate this ZAR definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, irrevocable trust, FICO score, labor relations, required rate of return, current ratio, debt service coverage, margin rate, risk management, retained earnings, covered put, 1035 exchange, average price per share, phantom income, 144a, Key Rate Duration, implied volatility, quality assurance, cancelled check, reverse mortgage, stock market close, limit order, inflation, liquidity ratio, diluted share, command economy, option premium, EBITDA, ex-dividend, minority interest, FTSE, annual return, 401a, LIBOR, balance sheet, wholly-owned subsidiary, per diem, ex-dividend date, Zero Cost Collar, deferred revenue, stock split, 1031 exchange, VIX, real GDP, deferred tax, class C shares, open position, dividends payable, APR


Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use