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) |
South Africa's Rand rose across the board Wednesday, helping reverse almost all of last week's increase in the Pound-to-Rand rate while weakness in the British currency also weighed on the exchange rate although some analysts are warning that this newfound support for the emerging market unit might not last for long.
March 4,2020
The Rand fell to its lowest level against the Pound since the Brexit referendum on Friday and hit multi-year lows against the Dollar on a toxic combination of coronavirus and credit rating concerns.
February 28,2020
South Africa's Rand swept higher on Wednesday after reversing earlier losses in response to Finance Minister Tito Mboweni's eagerly-awaited budget, which appears to have been warmly received investors who'd been hoping to see a spending plan that might avert a Moody's credit rating downgrade.
February 27,2020
The Rand is the emerging world’s worst performing currency of 2020 but the going could get tougher in the week ahead if South Africa’s 2020 budget is poorly received by the market on Wednesday.
February 26,2020
The Rand advanced against the Pound and Dollar Wednesday as investors chased risk assets with a renewed zeal but the South African currency could see further gains into month-end, according to Credit Suisse strategists, who say the market is underpricing the prospect of “supportive news” in the budget.
February 20,2020
The South African Rand came under selling pressure on Monday after ratings agency Moody's announced it had cut its forecasts for South African economic growth in 2020, leading to heightened speculation that the move precedes a downgrade to South Africa's sovereign credit rating at the credit rating agency next month.
February 17,2020
The Rand gained on the Pound and Dollar Friday as risk assets rallied toward the weekend although some analysts are warning of a renewed depreciation over the coming weeks as the end-February annual budget draws closer amid a fragile international backdrop.
February 14,2020
The Pound-to-Rand rate steadied on Wednesday and is now looking to 2020's state-of-the-nation (SONA) address from President Cyril Ramaphosa to avert what risks becoming a third consecutive week of losses.
February 12,2020
The Rand soared higher against the Pound and Dollar Tuesday as investors chased risk assets the world over amid a more upbeat mood in global markets although analysts say that gains could be limited by both domestic as well as international factors in the weeks ahead.
February 11,2020
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