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) |
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
The Rand was one in a small collection of emerging market currencies to fall against the Dollar on Friday although with a coronavirus vaccine rollout now underway in South Africa just as Treasury's tax take improves, there may be scope for it to sustainably conquer recent cycle highs in the coming weeks.
February 19,2021
The brakes have been applied to the South African Rand's rally over recent hours, a development that will not surprise some market analysts and participants who are looking forward to next week's critical budget statement.
February 16,2021
The South African Rand strengthened to its strongest level against the U.S. Dollar and approached a key marker against the Euro at the start of the new week, driven by a boost to investor sentiment that aided international interest in South African assets.
February 15,2021
The Rand rallied Tuesday after President Cyril Ramaphosa eased 'lockdown' restrictions and as investors welcomed progress in Washington toward another a package, although imminent risks associated with the looming budget argue for caution while analysts say that upside should be limited in the short-term.
February 2,2021
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