What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0684 |
| Change on Previous Day's Close | +0.02% |
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 | 23.0831 |
| 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 topped the board among major developed and emerging market currencies on Tuesday as bond markets stabilised in North America and Europe, although if U.S. yields continue to rise in the weeks and months ahead, the South African currency could have further to fall.
January 12,2021
The Rand lost more ground to major developed and emerging currencies on Wednesday despite robust gains for risk assets including commodities, while some of the latest forecasts suggest USD/ZAR has effectively bottomed out and that GBP/ZAR should hold above 20.0 through the year ahead.
January 6,2021
The South African Rand was unravelling on Tuesday and remained the worst performing major emerging market currency for the week amid speculation suggesting President Cyril Ramaphosa could announce a new national shutdown later this week.
January 5,2021
The South African Rand was in retreat Wednesday after stalling near to 2020 highs against the Dollar earlier this week when new coronavirus-inspired curbs on activity placed a question market over a fledgling economic recovery.
December 30,2020
The Rand had recovered earlier losses against the Dollar on Tuesday after batting away concerns about the impact of a new strain of coronavirus that's spreading in the country, although lingering demand for the safe-haven U.S. unit could keep the South African from further gains throughout the holiday weekend.
December 22,2020
The Pound-to-Rand exchange rate has entered the new week on its back foot in spite of a Brexit-related recovery elsewhere among Sterling exchange rates, demonstrating the limited extent to which it will be able to rise even if negotiators are successful in clinching a deal later this month.
December 15,2020
The Rand softened on Thursday following a sustained run of outperformance and as investors digested a volley of mixed economic figures, although a return to highs not seen since late January could be only a matter of time following this week's breakout on the charts, according to technical analysts.
December 10,2020
The Rand outperformed on Tuesday after the South African economy made a mockery of already bullish expectations for its third-quarter rebound, although some analysts say all of the good news is already reflected in the price of the currency and that further upside should be limited.
December 8,2020
The Rand's recovery slowed this week as a resurgent coronavirus threatened to deal a final quarter setback to an already vulnerable economy that has a debt burden which was already expected to impede further gains for the South African currency in the year ahead.
December 4,2020
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