Crossword Genius

King with currency (4)

Ross

I believe the answer is:

rand

'currency' is the definition.
(I've seen this before)

'king with' is the wordplay.
'king' becomes 'R' (abbreviation for rex, king in Latin).
'with' becomes 'and'.
'r'+'and'='RAND'

(Other definitions for rand that I've seen before include "Currency of South Africa" , "Foreign currency" , "our 1/4 Across [GOLD MEDALLIST] in 1964" , "South African currency unit" , "South African money" .)

I've seen this clue in The Telegraph.
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