What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0665 |
| Change on Previous Day's Close | +0.95% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 22.8501 |
| Today's lowest exchange rate is | 22.7883 |
| Today's best exchange rate is | 23.1139 |
| Best exchange rate of the year-to-date is | 24.5934 (23-02-2024) |
| The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
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
ZAR builds further gains after SARB raises cash rate.
March 24,2022
The South African Rand has this week pushed Sterling to a six-month low in the process and some forecasters suggest the GBP/ZAR exchange rate is likely to fall further in the weeks and months ahead.
March 24,2022
The South African Rand has enjoyed a strong start to 2022 but this support is expected to fade over coming months according to local lender and investment bank Nedbank.
March 21,2022
GBP/ZAR steadies at 19.57 after March sell-off, but could struggle to recover much past 20.00.
March 16,2022
GBP/ZAR could reach 19.75 if USD/ZAR hits 15.00 amid global market rally & energy price correction.
March 9,2022
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