From Longman Dictionary of Contemporary Englishrandrand /rænd/ noun (plural rand) [countable] PECthe standard unit of money in South Africa
Examples from the Corpus
rand• Western Areas stock rose 1 rand to 72 rand, marking a 16. 1 percent rise during the past year.• Shares in Western Deeps fell 50 cents to 154 rand.• Randfontein shares fell 50 cents to 26 rand, reflecting a decline of 31. 6 percent during the past year.• Its stock fell 3 rand to 308.• Its share price rose 25 cents to 22. 5 rand.• By December 1995,91 unit trusts had a total asset base of 33. 7 billion rand.• Interest and bond repayments are expected to amount to 9 billion rand.• She may not be able to read or write but she can convert dollars, francs, rand, etc into escudos!Origin rand (1900-2000) The Rand, gold-mining area of South Africa