What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 24.9804 |
Change on Previous Day's Close | +1.22% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
Today's opening exchange rate is | 24.5819 |
Today's lowest exchange rate is | 24.5621 |
Today's best exchange rate is | 25.0101 |
Best exchange rate of the year-to-date is | 25.0101 (07-04-2025) |
The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
A benign global investment backdrop is the main engine behind recent advances in the value of the South African Rand, and this support is expected to remain in place for some time yet say analysts.
April 22,2021
The South African Rand was leading the emerging market currency club on Monday, furthering an outperformance that has opened the door to two-year highs around 13.87 in the weeks or months ahead, according to technical analysts at Commerzbank.
April 19,2021
The South African Rand remains the hands down outperformer of the week and is likely on course for further gains over and above its recent 16-month highs over the coming periods, according to some traders and analysts.
April 16,2021
The South African Rand rose on Tuesday as the U.S. Dollar appeared to deflate in the wake of March inflation data that failed to give the greenback a new lease of life, leading USD/ZAR to test a key technical support level that is the last impediment to January 2020 highs.
April 13,2021
The Rand has outperformed all major developed and emerging market rivals over multiple timeframes, placing pressure on a key USD/ZAR support level that is the last technical impediment to more than two year highs around 13.87 for the South African currency.
April 8,2021
The Rand edged lower against the Dollar, Pound and Yen on Monday but had strong technical support around its January lows on the charts, while the South African unit otherwise outperformed all major developed and emerging market rival in price action that belied widespread strength in U.S. exchange rates.
March 29,2021
The Rand was soothed and the outlook for it smoothed on Thursday after the South African Reserve Bank (SARB) upgraded its forecasts and gave the currency market a not-so-subtle hint that it has no objections to a strengthening of South Africa's exchange rates this year.
March 25,2021
Foreign exchange strategists at a leading European investment bank say they are compelled to retain an optimistic stance on the South African Rand's outlook.
March 22,2021
The South African Rand was little changed on Tuesday having recovered from last week's sell-off but may lack direction until after Wednesday's Federal Reserve (Fed) decision, which has implications for global borrowing costs and especially those in emerging markets.
March 16,2021
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