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ZAR

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ZAR
The ISO 4217 currency code for the South Africa Rand.

ZAR
ISO 4217 code for the South African rand. It was introduced in 1961, replacing the South African pound when South Africa became fully independent from the United Kingdom. It was a very valuable currency for most of its early history, but mounting international pressure over apartheid and the uncertainty during reforms since then have greatly weakened it. It has been marked by fairly steady depreciation since the mid-1980s. However, it is a regionally important currency, being used in Namibia and Zimbabwe as well as South Africa.


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\n David Zar, of Zar Property, leased the ground-floor, 3,800-square-foot space to the Milan Chamber of Commerce, which filled the store with Italian retailers who have yet to break into the United States market.
64-68 Wooster Street sold to Zar Properties for just under $13 million.
Zar Property has snapped up another diminutive and lovely Soho building, this one an eight-story commercial edifice at 64 Wooster Street for $12.
 
 
 
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