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

Photo: philippe huguen/Agence France-Presse/Getty Images In emerging markets, the dollar was down 0.2% against the Mexican peso and fell 1.3% against the South African rand. Ira Iosebashvili, WSJ, "Dollar Weakens After U.S.-China Trade Truce," 3 Dec. 2018 The Russian ruble rose 1.8% to 65.86 per dollar, the South African rand climbed 1.5% to 14.17 per dollar and the Chilean peso advanced 1.3% to 673.70 per dollar. Daniel Kruger, WSJ, "U.S. Dollar Dips Amid Oil Rebound, Brexit Concerns," 15 Nov. 2018 The Mexican peso, Russian ruble and South African rand are also higher, while the Indian rupee’s steep decline appears to have abated. Olga Cotaga, WSJ, "Emerging Market Currencies Rebound, but Risks Remain," 17 Oct. 2018 The banks contended that loans taken out by Mayfair and backed by Steinhoff stock -- including 93 million rand a week before the financial irregularities were reported -- were made while Jooste knew of the impending share collapse. Loni Prinsloo, Bloomberg.com, "Steinhoff Ex-CEO Set to Cash in After Making Deal With Banks," 25 Apr. 2018 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

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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First Known Use of rand

Noun

1941, in the meaning defined above

History and Etymology for rand

Noun

the Rand, South Africa

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Dictionary Entries near rand

rancored

rancorous

rancour

rand

Rand

randall grass

Randallite

Statistics for rand

Last Updated

25 Dec 2018

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Time Traveler for rand

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

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Rhyming Dictionary: Words that rhyme with rand

Britannica.com: Encyclopedia article about rand

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