Optical, charge carriers transport, quantum mechanics, magnetic, thermal, and plasmonic properties of the transition metal rhodium are considered. An extended Drude-Lorentz (DL) model is applied to describe the dielectric function (DF) of rhodium in a spectral range going from the mid-infrared (12.4 μm) to the vacuum ultraviolet (32 nm). The Drude term of the DF includes, as optimization parameters, the inverse of the high frequency dielectric constant, the volume plasma frequency and scattering frequency of the electrons, the scattering frequency of holes relative to that of electrons, the ratio between the effective masses of electrons and holes, the number of holes per atom relative to that of electrons, and the renormalized times between grain boundary scattering events for electrons and holes. The Lorentz contribution to the DF includes the number of conduction electrons per atom, the oscillator strengths, the resonance energies, and the Lorentzian widths. Values of the parameters involved in the DF are optimized by an acceptance-probability-controlled simulated annealing method that minimizes spectral differences between the real and imaginary parts of the DF values obtained from the literature and those evaluated from the DL parametric formulation, accounting for the presence of electrons and holes as charge carriers. Once an optimized spectral description of the DF of rhodium is obtained, a large set of charge-transport, magnetic, thermal, plasmonic, and quantum mechanics derived quantities are evaluated: mobilities, relaxation times, Fermi velocities, effective masses, electrical and thermal conductivities, heat capacity coefficients, Hall coefficient, diamagnetic and paramagnetic susceptibilities, effective number of Bohr magnetons, Fermi energies and corresponding densities of states, energy loss functions, effective number of charge carriers participating in conduction, and effective number of electrons involved in inter-band transitions.