What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 24.5752 |
Change on Previous Day's Close | +0.16% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
Today's opening exchange rate is | 24.5403 |
Today's lowest exchange rate is | 24.5301 |
Today's best exchange rate is | 24.9089 |
Best exchange rate of the year-to-date is | 24.97 (03-04-2025) |
The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
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
The Rand has been cushioned by a cluster of major technical support levels on the charts but with civil unrest disrupting South African society and further stalling its economic engines, the outlook for USD/ZAR and other Rand exchange rates hangs in the balance.
July 15,2021
The South African Rand continues to lose value amidst a sharp deterioration in sentiment amongst global investors, spooked by the deteriorating security situation in Africa's largest economy.
July 13,2021
Public disturbances, rising Covid-19 cases and a softer global investment backdrop all conspired to push the South African Rand lower at the start of the new week, however some analysts maintain that the outlook remains constructive for ZAR.
July 12,2021
The Rand has been an outperformer during the opening weeks of July and analysts say the South African currency could now be on course to return toward its recent multi-year highs over coming months.
July 8,2021
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