Definition, Meaning & Synonyms
rand
noun
/rænd/
Definition
Rand refers to the basic unit of currency in South Africa.
Examples
- I exchanged dollars for rand before my trip to South Africa.
- The rand has fluctuated significantly against other currencies this year.
Meaning
The rand is used as a medium of exchange in South Africa and is denoted by the symbol ‘R’.
Synonyms
- currency
- money
- legal tender
