 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 24.9858 |
| Change on Previous Day's Close | -0.17% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 25.0063 |
| Today's lowest exchange rate is | 24.9595 |
| Today's best exchange rate is | 25.0546 |
| Best exchange rate of the year-to-date is | 25.4721 (09-04-2025) |
| The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
The South African Rand went higher by over a percent against the Pound and other major currencies as global investor sentiment rose sharply in the wake of news that biotech firm Moderna's vaccine candidate has proven successful, while on the domestic front investors appear to be warming to news the country's economic growth recovery strategy is on track.
November 16,2020
The South African Rand slowed in its advance on major emerging and developed world rivals Thursday but remains on course to recover further previously lost ground over the coming months, as the global economy recovers while the Dollar declines and U.S. interest rates remain pinned to the floor.
November 12,2020
The Rand suffered a setback on Tuesday with widespread losses pushing it back from February highs against major currencies, although the South African unit could rise significantly next year when a coronavirus vaccine is expected to bolster the global economic recovery, according to Investec.
November 11,2020
The Rand all but erased its coronavirus-inspired collapse against the Dollar Friday as market expectations for a changing of the guard in Washington solidified, although technical analysts and some traders have tipped the South African unit for even further gains ahead.
November 6,2020
The Rand advanced widely on Tuesday as voting began in the 2020 U.S. presidential election and investors bet confidently on an opposition victory, although whatever the outcome, upside for the South African currency is said to be limited amid ongoing declines in its fundamental value.
November 3,2020
The Rand was volatile on Wednesday as investor risk aversion set the stage for a pandemic edition of South Africa's budget, with price swings effectively illustrating mixed reviews of Finance Minister Tito Mboweni's latest homework.
October 29,2020
The Rand rallied against almost all major developed and emerging market currencies Tuesday while extending a week-long run against the greenback, but the rally has raised the stakes over Wednesday's budget, which is now even more of a downside risk to the currency.
October 27,2020
The South African economy is increasingly expected to have rebounded strongly in the third-quarter but with the Rand remaining close to its highest levels since the pandemic began, the currency risks falling sharply if debt forecasts contained in October’s budget are taken badly by the market.
October 21,2020
The Rand turned back off an October road to recovery on Wednesday's as global risk appetite softened but renewed market focus on a litany of domestic challenges could see the South African currency headed back toward the lower end of a multi-month range in the coming weeks.
October 14,2020
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