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Examples of rand in a Sentence
Recent Examples on the Web
The Namibian dollar is pegged to the rand, which means monetary policy is often guided by the South African Reserve Bank’s actions.
—Jason Ma, Fortune, 12 Oct. 2024
Fraud charges In 2016, prosecutors said Gordhan would face two fraud charges for illegally approving the early retirement of a subordinate, resulting in 1.1 million rand ($61,000) of wasteful expenditure.
—Mike Cohen / Bloomberg, TIME, 13 Sep. 2024
Eventually, the country should transition to the South African rand, which is weaker than the U.S. dollar and would help make Zimbabwean exports more competitive.
—Tendai Biti, Foreign Affairs, 20 Aug. 2019
The move triggered a selloff in the rand and the nation’s bonds, and business and ruling-party leaders pressured Zuma to reconsider.
—Mike Cohen / Bloomberg, TIME, 13 Sep. 2024
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Word History
Etymology
the Rand, South Africa
First Known Use
1941, in the meaning defined above
Dictionary Entries Near rand
Cite this Entry
“Rand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rand. Accessed 17 Nov. 2024.
Kids Definition
rand
noun
ˈrand
ˈränd,
ˈränt
plural rand
1
: the basic unit of money of South Africa
2
: a coin or bill representing one rand
More from Merriam-Webster on rand
Britannica.com: Encyclopedia article about rand
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