What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.062 |
| Change on Previous Day's Close | -0.01% |
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 | 23.0413 |
| Today's best exchange rate is | 23.065 |
| 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 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
The South African Rand is entering a time of the year that is traditionally associated with weakness, however some analysts are saying that following a month of losses the prospects for a rebound are growing.
July 5,2021
The Rand could be set to hold onto much of this year's gains over international counterparts if-not build them further if emerging market currencies continue to weather a perceived shift in the outlook for Federal Reserve (Fed) interest rates as well as they have done so far.
July 1,2021
The Rand ceded ground back to the Dollar ahead of the mid-week session but losses were limited while the South African currency otherwise held its own against even many of the major currencies in an extended show of resilience that could keep GBP/ZAR beneath 19.90 and on its back foot.
June 30,2021
Emerging market currencies would offer investors an escape from lethargy that could befall major exchange rates this summer if the largest of central banks fall behind their peers in developing economies, which are being more aggressive in their interest rate responses to rising levels of inflation.
June 29,2021
The Rand saw widespread losses on Tuesday which lifted USD/ZAR close to nearby resistance levels on the charts and left the outlook for the South African currency hinged on whether a supportive South African Reserve Bank monetary policy stance can keep a resurgent Dollar at bay.
June 22,2021
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