Definition of rand
the basic monetary unit of South Africa — see money table
Recent Examples of rand from the Web
At issue in the case involving the central bank is the amount of 1.1 billion South African rand ($86.5 million) that the bank loaned to Bankorp during apartheid.
The prize money (10,000 rand, about $790, for first place) adds some competitive spice for the better swimmers, but most are in it just to finish it.
The internet is often oversold in terms of radicalization,’ says Colin Clarke, a counterterrorism expert at RAND.
President Jacob Zuma said in his State of the Nation Address on Feb. 9 that the government made 2.5 billion rand available for livestock feed, water infrastructure and auction sales.
The rand pared gains of as much as 1.7 percent against the dollar and was 0.6 percent stronger at 12.8016 per dollar at 00:12 a.m. on Monday in Johannesburg.
Then my husband had an idea: Solly earned 3,000 rand (about $225) per month – the minimum wage for security guards here.
Just look at the South African rand, which has plummeted as a political crisis has deepened, leading to the overnight firing of Finance Minister Pravin Gordhan along with 19 other ministers and deputy ministers.
As the rand spiraled downward Friday, party leaders condemned the move.
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.
Origin and Etymology of rand
the Rand, South Africa
First Known Use: 1941See Words from the same year
RAND Defined for English Language Learners
Definition of rand for English Language Learners
: the basic unit of money in the Republic of South Africa
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