Live British Pound to South African Rand Exchange Rate(GBP/ZAR) Interbank Conversion:

What is the British Pound to South African Rand Rate Today?

The live GBP/ZAR exchange rate is24.6449
Change on Previous Day's Close+0.32%

How does Today's South African Rand Rate Compare with Previous Rates?

Today's opening exchange rate is24.5665
Today's lowest exchange rate is24.5077
Today's best exchange rate is24.7478
Best exchange rate of the year-to-date is24.7478 (03-04-2025)
The lowest exchange rate of the year-to-date is22.4404 (07-11-2024)

News and Forecasts:

The Rand extended an earlier rally with further sharp gains over many counterparts after the South African Reserve Bank (SARB) announced its largest increase in its cash rate for six years and raised its forecasts to suggest that borrowing costs are likely to rise further in the months ahead.

May 19,2022

The Pound to Rand exchange rate has sat out a rally in Sterling and would likely be at risk of slipping back toward its May lows in the days ahead if China’s Renminbi furthers a nascent rebound and if the U.S. Dollar continues to cool its heels following a lengthy advance.

May 17,2022

The Pound to Rand exchange rate has attempted to further its April rebound in recent trading but could struggle for upward momentum on any recovery above 20.00 and would be at risk of sliding back toward 19.45 in days ahead as and when the USD/ZAR pair eases further from its latest highs.

May 10,2022

The Pound to South African Rand exchange rate reversed its late April gains at the opening of a holiday-shortened week but could be at risk of slipping back toward last month's lows in the days ahead owing to a mixture of Bank of England (BoE) and Federal Reserve (Fed) monetary policy.

May 3,2022

The South African Rand was trading near its 2022 low in the midweek session following its largest weekly fall since March 2020 but one trader at Credit Suisse says the sell-off looks “overdone” and that it could soon be followed by a corrective fall in USD/ZAR. 

April 27,2022

ZAR forecasts Credit Suisse

Swiss based investment bank Credit Suisse have lowered their forecasts for the South African Rand.

April 21,2022

The Rand was testing a cluster of notable technical supportson the charts in midweek session after the South African currency’s centenary anniversary was marred by sharp declines, while its prospects for recovery were unclear and somewhat contingent on the forthcoming release of March inflation data. 

April 20,2022

The South African Rand outperformed early this week and its breakout advance against the U.S. Dollar is further significant because it potentially places GBP/ZAR on course for its lowest level since December 2019.

April 12,2022

The South African Rand has paused for breath in most recent trading following a strong and sustained rally to open the new year, while this nascent consolidation of earlier gains has enabled USD/ZAR and GBP/ZAR to tentatively stabilise near major levels of support on the charts.

April 5,2022

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