The Rand is a unit of currency used in the Magic Kingdom. It is not a physical coin or treasure, but a barter credit that is stored as a unit stat specific to casters. Casters in the Magic Kingdom can offer their services or created scrolls to other casters in exchange for Shmuckers, but more often it is done for Rands.
One rand will pay the upkeep of one caster for one turn.
 Proposed Canon
Rands are only used between casters.
Rands were developed as a way to limit the power of Moneymancers in the Magic Kingdom; by existing outside their sphere of influence, Moneymancers can't alter the market of Rands in their own favor.
One Rand can be used to pay the upkeep of a caster for one turn.
A caster can convert some of the Shmuckers in his purse into rands to get around the normal limits on warlord purse sizes.
List of values in Rands used in the comic:
- Sizemore promised Janis 8 Rands for teaching him Hippiemancy, and gave her twenty. The twenty seemed to be intended as an especially generous gift, because he didn't expect to survive.Erf-b1-p011
- Janis promised any Master-class Thinkamancers 50 Rands each for unraveling the Maggie-Wanda-Sizemore. Thinkmancers did unravel the link but declined the reward. Erf-b1-p140
- Rands are made from Shmuckers and cost a little more than the upkeep of any normal caster.
 Real-World References
- Possible reference to Ayn Rand. If so, this might be a sign that the Magic Kingdom operates under meritocratic principles.
- May also be a reference to the real-world currency of South Africa of the same name (though the pluralisation is different).
- Could also be tied into a Janice Rand (from Star Trek) reference, since the first use of the currency was when Sizemore paid Janis for hippiemancy lessons.
- May be a reference to Rand Holmes, an underground comic book artist who lived on Lasqueti Island (notable as a counterculture enclave) and who designed a cannabis-themed currency ($10 Canadian) for the island.
- May be a reference to James Randi, who famously debunks the existence of magic-types and offers prize money to anyone who can demonstrate supernatural ability under testing conditions, thereby literally paying for magic.
- May also be a reference to the leading character of Robert Jordan's "Wheel of Time" series, Randal'Thor.
- May be random, pun intended.
- May refer to RAND, the multi-disciplinary think tank