What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0611 |
| Change on Previous Day's Close | -0.01% |
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 | 23.0858 |
| 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 furthering a fortnight-long recovery on Tuesday and closing in on two-month highs as a result although gains have left it vulnerable to any sudden comeback by the Dollar or reality check for risk assets that have been only temporarily encumbered by a series of emerging threats.
May 12,2020
The Rand was on the back foot Wednesday after ceding ground to the Dollar and Pound although global factors are tipped by one major bank to remain in the driving seat for the time being while the South African currency is expected to hold within the trading ranges set back in April.
May 6,2020
The Rand was swooning in the eye of a multifaceted storm Friday as the focus in Cape Town shifts from containing the coronavirus to coveting redemption for a long-suffering economy, although analyst forecasts suggest the danger is that May brings with it only more toil and trouble for the South African currency.
May 1,2020
The Rand swept higher against Pound, Dollar and most emerging market currencies Tuesday just days ahead of South Africa's exclusion from the FTSE World Government Bond Index, an event that could curtail the recovery if-not send the Rand back toward recent historic lows.
April 28,2020
The Rand advanced strongly on the Dollar and Pound Friday after President Cyril Ramaphosa offered hope in the form of a plan to ease the economic 'lockdown,' but the coronavirus is still advancing in South Africa and there are also other risks lurking on the path ahead.
April 24,2020
The Rand steadied near historic lows Wednesday as investors celebrated a fiscal suuport package worth a double-digit share of GDP amid more supportive global weather conditions, but the currency could remain vulnerable until after South Africa's exclusion from the FTSE World Government Bond Index.
April 22,2020
One of South Africa's leading investment banks sees the Rand remaining weak over a two-year horizon, suggesting the impact of domestic economic underperformance relative to global peers and the covid-inspired contraction will leave a lasting legacy on the currency.
April 21,2020
The Pound-to-Rand exchange rate remains engaged in a solid trend of appreciation, however we note that a substantial area of resistance on the exchange rate's charts could pose some near-term headwinds to further gains by Sterling.
April 20,2020
The Rand was closing in on fresh lows against the Pound and Dollar Wednesday as risk aversion returned to global markets but some analysts are saying the sell-off may now be overdone while others are tipping a recovery for the South African unit and other emerging market currencies before year-end.
April 16,2020
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