What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 24.927 |
Change on Previous Day's Close | -0.1% |
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 | 24.9261 |
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 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
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
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