What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0575 |
| Change on Previous Day's Close | -0.03% |
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 | 23.0761 |
| 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 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
The Rand outperformed on Thursday and could remain on its front foot if Commerzbank is right in suggesting the South African unit will weather any further turbulence in the bond market, although South African Reserve Bank (SARB) monetary policy could weigh on the currency later in 2021, according to BofA Global Research.
March 15,2021
The Rand had rallied back from the brink of a technical precipice on Tuesday as the recently-resurgent U.S. Dollar appeared to fold across the board and South Africa's economy surprised on the upside of market expectations for the final-quarter.
March 9,2021
The Pound-to-Rand exchange rate advanced on Wednesday, building on an already handsome gain for the week as it lifted off from a likely range floor for the second quarter, as South African exchange rates softened alongside investors' appetite for risk assets including stocks and commodities.
March 3,2021
The Rand showed reslience in the wake of earlier gains as finance minister Tito Mboweni set out a 2021 budget plan that appeared to be given a thumbs up by the currency market on Wednesday, before a bounce in the U.S. Dollar led South African exchange rates to soften.
February 24,2021
The Rand outperformed on Tuesday with gains over many contemporaries even as developed world bond yields surged and global stocks came apart at the seams, although analysts say the recent 14.40-to-15.40 range is likely to dominate for USD/ZAR through Wednesday's budget.
February 23,2021
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