Live British Pound to South African Rand Exchange Rate(GBP/ZAR) Interbank Conversion:

What is the British Pound to South African Rand Rate Today?

The live GBP/ZAR exchange rate is23.7122
Change on Previous Day's Close+0.16%

How does Today's South African Rand Rate Compare with Previous Rates?

Today's opening exchange rate is23.6748
Today's lowest exchange rate is23.6372
Today's best exchange rate is23.767
Best exchange rate of the year-to-date is24.2946 (06-06-2024)
The lowest exchange rate of the year-to-date is22.4404 (07-11-2024)

News and Forecasts:

Nedbank expects the rand to remain under pressure until the uncertainties around the election and the fiscal trajectory have been resolved.

February 5,2024

Financial analysts are calling for swift action to address gaps in the regulatory environment within South Africa that allows banks to offer extended loan terms – often without consumers fully understanding the length of time their loans will take to repay or the total cost of credit.

October 14,2024

The South African Rand should be getting its skates on and outperforming its global peers as the U.S. Dollar retreats, according to Goldman Sachs, but it has disappointed.

December 5,2023

The South African Rand and other emerging market currencies face increasing headwinds amidst rising global bond yields that have prompted two major investment banks to announce new sell recommendations on the currency.

October 9,2023

There is enough negativity embedded in the price of the South African Rand and pressures should ease as negative global investor sentiment towards the Chinese economy improves.

September 19,2023

The South African Rand’s deepening losses led GBP/ZAR to test an important level of technical support on the charts early in the new week but local industrial data and U.S. inflation figures are among the factors that could yet hamper, halt or perhaps even reverse the rally in the latter half of the week. 

August 8,2023

The Pound to South African Rand exchange rate climbed further from three-month lows early in the new week but would risk losses back to a notable support level on the chart from Thursday if the latest Bank of England (BoE) decision ruffles feathers in the speculative market.  

August 1,2023

The Pound to South African Rand exchange rate rebounded off a major technical support level on the charts in midweek trade but could struggle to lift far off it in the wake of interest rate decisions from the Federal Reserve (Fed) and European Central Bank (ECB) on Wednesday and Thursday. 

July 26,2023

The Pound to Rand exchange rate appeared to be finding its feet near notable technical support on the charts ahead of the weekend and after the South African Reserve Bank (SARB) signaled that its next move would likely be an interest rate cut if inflation remains contained during the intervening months.

July 21,2023

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