 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.6957 |
| Change on Previous Day's Close | +0.09% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 23.6748 |
| Today's lowest exchange rate is | 23.6372 |
| Today's best exchange rate is | 23.767 |
| Best exchange rate of the year-to-date is | 24.2946 (06-06-2024) |
| The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
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The Pound to Rand exchange rate fell heavily in the opening half of the week but could be in line for a minor rebound from Wednesday if inflation falls further in South Africa and the South African Reserve Bank (SARB) leaves its cash rate unchanged.
July 19,2023
The Pound to South African Rand exchange rate fell early in the new week but while it could descend deeper into the valley of a now receding rally on the charts, there is also the possibility of it rebounding into the 24.50 area around midweek, where GBP/ZAR has struggled to sustain momentum several times recently.
July 11,2023
The Pound to Rand exchange rate fell from fortnight highs early in the new week as the South African currency made up for ground lost prior to the weekend but with a cluster of technical support levels acting as a buoyancy aid nearby on the charts, GBP/ZAR could be likely to remain above 23.0 over the coming days.
July 4,2023
The Pound to Rand exchange rate ebbed back toward its June lows early in the new week and ahead of the month-end but could be set for further losses up ahead should local and international economic developments remain aligned in supporting a recent recovery of the South African currency.
June 27,2023
The Pound to Rand exchange rate steadied near some of its softest levels since the opening of May early in the new week but its path ahead is clouded by uncertainty about the outcome of inflation updates on both sides of the GBP/ZAR equation and the Bank of England (BoE) interest rate outlook.
June 20,2023
The South African Rand outperformed while pushing GBP/ZAR to a one-month low ahead of the weekend as it appeared to benefit from extended losses in U.S. Dollar and Chinese Renminbi exchange rates.
June 9,2023
The Pound to Rand exchange rate headed for its longest run of losses since early April this week in what may be a sign of its protracted uptrend reaching a tentative end but the extent of any recovery by the South African currency remains an open question.
June 6,2023
The South African Rand and Japanese Yen are among the market's biggest fallers so far in 2023 but both might benefit if a successful passage of legislation to raise the U.S. government debt ceiling leads to stability in the world's largest government bond market and a softening of the Dollar.
May 31,2023
The South African Rand narrowly avoided a new record low against the Pound on Thursday after sinking in response to a South African Reserve Bank (SARB) decision to adopt a "restrictive" interest rate policy as part of its effort to return inflation to within the target band.
May 25,2023
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