 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 24.8869 |
| Change on Previous Day's Close | -0.78% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 25.0826 |
| Today's lowest exchange rate is | 24.8555 |
| Today's best exchange rate is | 25.1567 |
| 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 suffered heavy losses ahead of the weekend but it could be buffeted by a further wave of selling early in the new week as investors respond to Moody's decision to cut South Africa's credit rating to 'junk,' which could lift the Pound-to-Rand rate to fresh multui-year highs.
March 29,2020
The South African Rand could be relatively immune to a downgrade from Moody's later on Friday, as the event has been well signposted to market participants and is therefore likely already absorbed by ZAR valuations.
March 27,2020
The Rand was buffeted again on Thursday amid fresh volatility in risk markets, enabling the Pound-to-Rand rate to climb above a key level on the charts, ahead of Moody's latest credit rating decision although one major bank has told clients the South African currency could weather a downgrade this Friday.
March 26,2020
The Rand is now forecast to languish near record lows until at least mid-year, according to new downgraded projections from Commerzbank, as South Africans grapple with a coronavirus-induced lockdown, credit rating concerns and a recession that are tipped to draw further interest rate cuts from the South African Reserve Bank (SARB).
March 24,2020
The Rand was on the back foot again Thursday ahead of a South African Reserve Bank (SARB) interest rate decision that's expected to see the cash rate cut by a large 50 basis points, and some analysts say this could keep the emerging market unit under pressure over the coming days.
March 19,2020
The Rand suffered heavy losses Wednesday and already hit a new record low against the Dollar, according to some data vendors, as the exodus of capital from emerging market economies continued although the South African unit was accompanied by Pound Sterling on its way toward historic lows.
March 18,2020
The Rand steadied near to multi-year lows against the Pound and Dollar Tuesday as hopes of a global fiscal stimulus appeared to mount, but increased government spending in the world’s major economies might not be enough to save the South African currency from more losses in the weeks ahead.
March 11,2020
The Rand crumbled again Friday, enabling the Pound-to-Rand rate to hit a new post-referendum high after establishing itself comfortably above the 20.0 handle, as risk markets went into meltdown mode ahead of the weekend and the South African currency suffered disproportionately.
March 6,2020
One of the world's worst performing currency of the past month has been the South African Rand, and a potential series of interest rate cuts at the South African Reserve Bank could ensure that downside pressure remains a feature going forward.
March 5,2020
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