What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0749 |
| Change on Previous Day's Close | +0.05% |
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 | 23.077 |
| 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 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
The Rand underperformed all major developed and emerging market rivals on Tuesday as the Dollar turned higher against a majority of its counterparts although concerns about the South African public finances and outlook for the country's credit rating have also been cited for nascent weakness.
January 26,2021
The South African Rand was on the slide Thursday as the Dollar popped higher during North American trading and after the South African Reserve Bank (SARB) kept its monetary policy powder dry by keeping on the table the option of another interest rate cut at a later date.
January 21,2021
The Pound is forecast to retain an upside bias against the South African Rand in the near-term, courtesy of positive technical momentum and a shaky global investor risk environment that is undermining the South African currency.
January 18,2021
The Rand was losing a battle to recapture December's highs from the Dollar and Pound on the Friday but could be further tested over the week ahead when the South African Reserve Bank (SARB) seeks to navigate a minefield of risks in latest interest rate decisio.
January 15,2021
The South African Rand is being tipped to remain under pressure given the dual concerns that the U.S. Federal Reserve might start reducing support for the U.S. economy and that South Africa will miss its targets to vaccinate a significant portion of its population in 2021.
January 13,2021
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