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 advanced on the Dollar, Pound and Euro Wednesday as many emerging market currencies drew a bid from investors even with stock markets and other risk assets on the back foot, although South African outperformance came amid a rise in bond yields that could prove a lure for investors.
July 8,2020
The South African Rand has appreciated in value of late, driven largely by improving global dynamics, however analysts at South African investment bank and commercial lender Investec say the domestic picture suggests the currency will remain weak for a number of years.
July 2,2020
The Rand was rebounding from earlier lows at the start of the new month as global risk appetite picked back up and after having gotten no help from better-than-expected GDP data, although Investec says the South African currency should remain on a recovery path into year-end, but a volatile one.
July 1,2020
The Rand outperformed Thursday on stabilising risk appetite and as the South African currency caught up with the local bond market following Finance Minister Tito Mboweni's emergency budget, but analysts say the upside is limited while a second wave of U.S. coronavirus infections is threatening the rally.
June 25,2020
The Rand was retreating from a strengthening Dollar on Wednesday the warm reception initially given to Finance Minister Tito Mboweni's emergency budget was overcome by a tide of risk aversion as trade tensions resurfaced and fears of a second coronavirus wave lingered.
June 25,2020
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
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