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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use