What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.024 |
| Change on Previous Day's Close | +0.77% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 22.8501 |
| Today's lowest exchange rate is | 22.7883 |
| Today's best exchange rate is | 23.1139 |
| 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 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
The Pound to Rand exchange rate has receded from seven-year highs and could unwind more of its recent rally if the South African Reserve Bank (SARB) succeeds in steadying its undervalued currency this Thursday but risks are finely balanced to the up and downside for GBP/ZAR.
May 23,2023
The Pound to South African Rand exchange rate entered the new week in remission following a near miss with record highs in earlier trade but could fall further and potentially as far as the 23.50 area if the Dollar remains docile and domestic economic data keeps to an even keel.
May 16,2023
The Rand neared record lows against the Pound, Dollar, Euro, and some others this week but recent losses have merely brought it into line with the South African Reserve Bank (SARB) forecasts of April while the risk of a policy response and other factors might soon help the currency back onto its feet.
May 11,2023
The Pound to South African Rand exchange rate entered a new and holiday-shortened week near post-pandemic highs but could be likely to oscillate around the 23.0 level in the days ahead with the risk being of a corrective setback if the U.S. Dollar rolls over following Wednesday's Federal Reserve (Fed) decision.
May 2,2023
The Pound to Rand exchange rate has held onto the bulk of its April gains in recent trade and may be in the process of establishing a foothold near the 22.40 level but the upside is likely hinged on Dollar factors and South Africa's producer prices figures out on Wednesday.
April 24,2023
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