What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0753 |
| 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 | 23.0831 |
| 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 was riding high in a supportive market for risk assets Tuesday but appetite for the South African currency may be tested on Wednesday when Finance Minister Tito Mboweni sets out the government's emergency budget.
June 23,2020
The Rand crumbled Thursday as the Dollar was swept higher by risk aversion but it could have further to fall in the weeks ahead if strategists are right to say the rally in emerging markets is built on sand.
June 18,2020
The Rand advanced on the Dollar and Pound while outperforming most other rivals Wednesday as investors swept a growing schedule of risks under the carpet in apparent favour of what analysts call the "recovery trade".
June 17,2020
The Rand wobbled alongside other risk currencies Tuesday while new, upgraded forecasts from Goldman Sachs suggest the South African unit may already have peaked after a three week rally against the Dollar and Pound.
June 9,2020
The Rand extended its advance on the Dollar and Pound Tuesday as investors eyed the greener grass on the other side of the coronavirus pasture and analysts say the South African currency can hold onto its recently recovered turf.
May 26,2020
A decisive cut to South African interest rates by the South African Reserve Bank has sparked a rally in the value of the South African Rand, as investors saw the move as ultimately being supportive of an economy that is under severe pressure owing to a strict coronavirus lockdown.
May 21,2020
The Rand charged higher against the Dollar and Pound Wednesday as financial market volatility ebbed and investors remained in an upbeat mood but forecasts from ABN Amro and Commerzbank suggest the South African unit may already be nearing the end of its proverbial road, with upside limited from here.
May 20,2020
The Rand was wavering and at risk of falling to a new low against the Dollar Friday as tensions between the U.S. and China were ratcheted higher by brinksmanship between Washington and Beijing, which placed parts of the emerging market currency complex under pressure.
May 15,2020
The outlook for the South African economy has deteriorated to the extent that up to 50% of the working population could find itself unemployed and 54% of businesses might no longer exist by year-end unless the government opens up the economy, according to analysis from Investec.
May 13,2020
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