rand

noun

\ˈrand,

ˈränd, ˈränt\

plural rand

Definition of rand

(Entry 1 of 2)

the basic monetary unit of South Africa — see Money Table

Rand

biographical name

\ˈrand

\

Definition of Rand (Entry 2 of 2)

Ayn \ˈīn \ 1905–1982 American (Russian-born) writer

Examples of rand in a Sentence

Recent Examples on the Web: Noun

In Asia, the Indonesian rupiah pared back steep falls to end 0.2% lower, while the South African rand retraced its losses to finish up 0.1%. — Olga Cotaga, WSJ, "Trump’s Iran Decision Adds Volatility to Emerging-Market Currencies," 9 May 2018 After rallying to a three-year high against the dollar, the rand has lost ground as emerging-market assets face headwinds including rising U.S. rates, trade tensions and crises in economies from Argentina to Turkey. — Sam Mkokeli, Bloomberg.com, "Zuma's Defiance Hampers Ramaphosa's Bid to Reform South Africa," 12 June 2018 The Russian ruble and the South African rand were among the currencies to fall initially but then turn higher; the Turkish lira whipsawed as investors dialed back on risk. — Olga Cotaga, WSJ, "Trump’s Iran Decision Adds Volatility to Emerging-Market Currencies," 9 May 2018 Creditors include two companies tied to Jooste and his son-in-law, Stefan Potgieter, which may realize more than 200 million rand from the disposals, the documents show. — Loni Prinsloo, Bloomberg.com, "Steinhoff Ex-CEO Set to Cash in After Making Deal With Banks," 25 Apr. 2018 The Thai baht, Malaysian ringgit and South African rand have all gained roughly 4% against the dollar in 2018. — Saumya Vaishampayan, WSJ, "As Fed Raises Interest Rates, Emerging Markets Aren’t Following Suit," 22 Mar. 2018 The South African rand surged against the U.S. dollar on the announcement of his victory. — Tara John, Time, "Who Is Cyril Ramaphosa, the Man Being Called South Africa's 'President in Waiting'?," 15 Feb. 2018 Developing-nation stocks headed for the biggest drop since March, and currencies slid as the South African rand and Turkish lira led declines. — Fortune, "Stock Markets Are Falling Around the World as Fears of a U.S.-China Trade War Grow," 19 June 2018 South Africa’s rand tumbled and bond yields soared as disappointing economic data this week persuaded traders that there’s no chance of a rate increase any time soon. — Sarah Ponczek And Janine Wolf, BostonGlobe.com, "Stocks close higher as risk-off sentiment fades," 10 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rand.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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The first known use of rand was in 1941

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More Definitions for rand

rand

noun

English Language Learners Definition of rand

: the basic unit of money in the Republic of South Africa

See the full definition for rand in the English Language Learners Dictionary

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