What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0264 |
| Change on Previous Day's Close | -0.16% |
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 | 22.996 |
| 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 Rand has almost entirely retraced its post-election rally against a range of currencies but losses may now wrack up for longer due to a deteriorating international environment, and given President Cyril Ramaphosa must now deliver the reformist goods he's promised or risk the ire of the market.
May 17,2019
The Rand scored a home run against the U.S. Dollar on Tuesday as risk assets recovered from earlier losses but the South African currency in the months ahead will depend heavily on the composition of President Cyril Ramaphosa's new government, according to analysts at Goldman Sachs.
May 17,2019
The South African Rand appears to be turning the tables on the Pound and could strengthen over coming days.
May 14,2019
The Rand stabilised Friday after a volatile overnight session but a renewed U.S-China tariff fight and underwhelming support for President Cyril Ramaphosa's reform agenda in this week's national election could mean that upside for the South African currency is limited.
May 10,2019
The extent of the ANC's win, and therefore Ramaphosa’s mandate, could be a key factor in deciding how positive the outcome will be for Rand exchange rates.
May 7,2019
The recent surge in oil prices has weighed on the Rand and other emerging market currencies of late, but the developments in global oil markets will not be enough to detract Standard Bank from their bullish forecast for the second half of 2019.
May 1,2019
The South African Rand is seen fading against the Pound and the charts suggest further gains are likely if a key technical level can be overcome.
April 29,2019
The GBP/ZAR's short-term downtrend during March appears to have stalled and probably even reversed, with a deteriorating technical picture for the Rand apparently being fuelled by a surge in oil prices.
April 23,2019
The Rand advanced against rivals Wednesday after official data took the market by surprise when it cast China's economy in a resilient light for the first-quarter, prompting traders to bid for the China-sensitive Rand but analysts at Standard Bank say the South African unit will rise further over the coming weeks and months.
April 18,2019
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