 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 24.9332 |
| Change on Previous Day's Close | -0.07% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 24.9511 |
| Today's lowest exchange rate is | 24.9234 |
| Today's best exchange rate is | 24.9715 |
| 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 Rand charged higher alongside the Chinese Yuan and international stock markets on Tuesday but may rise even further before month-end, according to new research from Investec, although Thursday's South African Reserve Bank (SARB) interest rate decision is a risk that could scupper the outperforming currency.
September 16,2020
The Rand softened on Thursday but newly upgraded forecasts from Commerzbank suggest it can hold on near to its current one-month highs through year-end, although crumbling infrastructure and long established market concerns about debt levels still mar the medium-term outlook.
September 10,2020
The South African Rand was left reeling by news the economy shrank by more than markets were expecting, while a rout of global stock and commodity markets gave investors further reason to sell.
September 8,2020
The South African Rand is forecast to extend its multi-week recovery into the the end of the year according to South African lender Investec, with gains driven by an ongoing recovery in the global economy that is propping up Emerging Market currencies as well as a rebound in South African economic growth.
September 7,2020
The Rand beat a hasty retreat from the Dollar and Pound again on Wednesday as the underperformance that characterised month-end returned at the midpoint of the new week, although the correlation between USD/ZAR and the local stock market remained firm.
September 2,2020
The Rand was in retreat from August highs against the Dollar, Pound and most other counterparts Wednesday amid speculation suggesting that a one-off but large flow of orders for the South African currency was fading way, with price action coming amid choppy month-end trading.
August 26,2020
The Rand scored new August highs against the Dollar and Pound Tuesday as investors celebrated the survival of January's phase one U.S.-China deal while revelling in elevated hope that a coronavirus treatment could soon be available to help curtail the pandemic even in the absence of a vaccine.
August 25,2020
The Rand rose in leaps and bounds on Wednesday and often alongside gains in broad measures of the U.S. Dollar although the South African currency remains fragile, according to multiple analysts, and a further recovery is far from assured.
August 19,2020
The South African Rand is one of the worst performing major currencies of 2020 thanks to the coronacrisis which has only exacerbated dire domestic policies undermining the country's economy, but the currency's losses would be far greater were it not for the support provided by a recovering global stock markets.
August 18,2020
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