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Yes it is. That is actually true for all random vars, assuming the covariance of the two random vars is zero (they are uncorrelated).
One acre is equal to 160 var. The var is a unit of area commonly used in some regions, particularly in South Asia, and it is equivalent to approximately 272.25 square feet. Therefore, when converting acres to vars, 1 acre equals 160 of these smaller units.
Perhaps you are referring to the vara, which was a surveying unit of length, originating from Spain. It is approximately 1 yard. Many surveys in Texas were specified in vara, which was 33 1/3 inches. Note that the var or vara is a unit of length, while acre is a unit of area. So square vars could convert to acres. See related link, below.
how much is 1% of 38459.45
6