What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 23.0774 |
Change on Previous Day's Close | +0.06% |
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 | 23.039 |
Today's best exchange rate is | 23.1062 |
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 South African Rand slumped Wednesday after national electricity supplier Eskom said it would begin load-shedding following a failure of its power generating assets, just as President Cyril Ramaphosa's cabinet meets to assess a long awaited restructuring plan for the ailing utility.
October 16,2019
Despite recent gains by Sterling against the Rand, studies of the GBP/ZAR charts continue to show the pair consolidating beneath tough resistance from a major trendline which could ultimately cap gains.
October 15,2019
South Africa's Rand stalled close to its October highs at the beginning of the new week amid waining optimism over the outlook for the U.S.-China trade dispute, although a government plan for dealing with the debt of Eskom could offer the currency a fresh lift when it's unveiled on Wednesday.
October 15,2019
The hard-hit South African Rand was granted two lifelines this week that sees it approach the weekend on the front foot.
October 11,2019
The Rand was clobbered Tuesday after the influential investment bank Renaissance Capital tipped South Africa to lose its 'investment grade' credit rating next month, although many forecasters say the country will not only cling to the rating but also that the currency will recover.
October 8,2019
The Pound-to-South-African-Rand is trading at around 18.66 at the start of the new week, up 0.40% so far this week, but studies of the charts suggest the pair may start consolidating beneath the tough resistance of a major trendline.
October 8,2019
The Rand advanced against the Pound and Dollar Wednesday after the governing African National Congress (ANC) appeared to offer support for a long-awaited reform program including specific proposals put forward by finance minister Tito Mboweni, but markets may have misread South Africa's ruling party.
October 3,2019
Studies of the charts suggest Pound-Rand could rise up a little further in the short-term but then after that it will probably pull-back on encountering tough resistance. Oil prices, global risk trends and domestic manufacturing data form the focus for ZAR over the coming week.
September 30,2019
The Rand slumped Friday as investors fled emerging markets and risk assets amid signs of another escalation in the U.S.-China trade war but analysts at Bank of America are tipping the South African currency for more losses in the weeks ahead.
September 27,2019
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