What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0949 |
| Change on Previous Day's Close | +0.14% |
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 Rand can continue its New Year rally for a while yet, according to analysts at Morgan Stanley, who are betting on the South African currency even as concerns about wobbly national power utility Eskom once again begin to draw the market's attention.
February 5,2019
GBP/ZAR could extend fall in descending channel suggest technical studies with a break below 17.30 likely to be key bearish confirmation level. The State of the Union Address dominates the domestic calendar for South Africa's Rand.
February 4,2019
Foreign exchange strategists at Goldman Sachs say they remain confident the South African Rand should remain well supported going forward.
January 28,2019
Despite the Pound's gains against ZAR last week, the technical outlook is actually on balance bearish - the pair is in a longer-term downtrend which is expected to continue.
January 21,2019
The Rand weakened Thursday after the South African Reserve Bank (SARB) said the nation's inflation outlook has improved significantly since its November policy statement and there is now less reason for it to raise interest rates again any time soon.
January 18,2019
From a technical perspective, the GBP/ZAR exchange rate is in a broader technical downtrend that has been live since the late December 18.66 highs were rejected.
January 14,2019
The Rand scored more gains over rivals Thursday as the South African currency continued to benefit from a U.S. Federal Reserve that's becoming more conscientious about the economic impact of its monetary policy, but the current honeymoon might not last for long.
January 10,2019
The Pound-to-Rand rate has fallen for seven consecutive days in a row and is likely to continue trading with a bearish bias in the week ahead.
January 7,2019
The South African Rand was seen outperforming peers at the start of a new week for global FX, however gains are proving harder to come by against a resurgent Sterling which appears to be benefiting from position squaring ahead of the new year.
December 31,2018
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