What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0432 |
| Change on Previous Day's Close | -0.09% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 23.0633 |
| Today's lowest exchange rate is | 23.0432 |
| Today's best exchange rate is | 23.0633 |
| 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) |
The Rand rallied as the U.S. Dollar beat a hasty and widespread retreat at the opening of a holiday-shortened week, pushing USD/ZAR and GBP/ZAR beneath key levels.
August 31,2021
USD/ZAR rally fading ahead of key pivots as USD retreats.
August 24,2021
"The rand doubtless gained some support from all his comments, as did the bond market" - Annabel Bishop at Investec.
August 17,2021
The Rand has seen a turbulent start to a typically-inhospitable August month but the latest forecast review from Commerzbank still suggests the South African currency can recover back to 14.0 in the coming months, and that it could hold those levels through year-end if Autumn budget risks can be successfully navigated.
August 12,2021
The South African Rand has remained on its back foot thus far in August and could still be susceptible to a further correction over the coming weeks if the Dollar’s resurgence and global growth concerns continue to dampen commodity prices, which would risk a USD/ZAR move to 15.0 or above.
August 10,2021
The Rand has lifted off two month lows to outperform many others early the new month, leading the Pound-to-Rand exchange rate to explore the land below 20.00 this week in price action that comes alongside an ebbing of the U.S. Dollar, although a double-edged sword now hangs above the South African currency.
August 3,2021
The Rand has weakened in response to a turn higher in the U.S. Dollar that has pushed it beneath key levels of support on the charts and cultivated risk of further losses in the process, some of which could potentially lift GBP/ZAR back to 20.82 or above over coming days.
July 27,2021
The Rand was steady but languishing near to three-month lows ahead of the weekend after the South African Reserve Bank (SARB) pushed back the likely timing of any post-crisis interest rate rise, leading economists at Investec and Goldman Sachs to suggest it could be 2022 at the earliest before borrowing costs go up.
July 23,2021
The Rand has begun to find its feet with the dust settling on recent unrest in South Africa, although its resilience is being further tested by an advancing Dollar, which has lifted USD/ZAR back toward pivotal levels ahead of Thursday’s South African Reserve Bank (SARB) policy decision.
July 21,2021
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