rand

noun

ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
the basic monetary unit of South Africa see Money Table

Examples of rand in a Sentence

Recent Examples on the Web In 2005, Qatar famously offered top South African swimmer Roland Schoeman a multimillion-dollar contract, including a one million rand (over $50,000) bonus for every Olympic medal or world title won—though Schoeman ultimately rejected the offer. Koh Ewe, TIME, 10 July 2024 Come July 1 in South Africa, small overseas shipments valued at under 500 South African rands (roughly $27) will be taxed at the same rate as larger ones. Jasmin Malik Chua, Sourcing Journal, 3 Sep. 2019 Stocks and the local currency, the rand, were buoyed by the news. Keith B. Richburg, Washington Post, 19 June 2024 South Africa’s rand currency was trading up about 0.3% against the dollar, helped by reports by the SABC and other local media of a deal including the ANC and DA, which has been the preferred option in the eyes of markets and investors, according to Reuters. Caitlin Danaher, CNN, 14 June 2024 See all Example Sentences for rand 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'rand.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

the Rand, South Africa

First Known Use

1941, in the meaning defined above

Time Traveler
The first known use of rand was in 1941

Dictionary Entries Near rand

Cite this Entry

“Rand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rand. Accessed 26 Jul. 2024.

Kids Definition

rand

noun
ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
1
: the basic unit of money of South Africa
2
: a coin or bill representing one rand

Biographical Definition

Rand

biographical name

Ayn ˈīn How to pronounce Rand (audio) 1905–1982 American (Russian-born) writer

More from Merriam-Webster on rand

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