What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 23.0795 |
Change on Previous Day's Close | +0.07% |
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 | 23.0858 |
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) |
It is still quite early to determine whether this bounce represents a real change of trend or just a temporary pull-back but the evidence suggests there is a strong chance it could represent a change of trend.
December 19,2018
The Rand shifted down a gear late last week after an impressive run higher earlier on, although some analysts say downside for the South African currency is likely to be limited during the week ahead.
December 17,2018
The Pound is firmly back above the 18.00 threshold against South Africa's rand at the start of the new week; the gains to 18.10 coming despite a broad-based sell-off in Sterling, but it is too soon to say any follow-through gains are likely over coming days.
December 10,2018
The Rand hit a new four-month high Tuesday as investors responded to figures showing the economy returning to growth in the recent quarter, and as the international environment continued to improve in favour of the South African currency.
December 4,2018
The geopolitical changes taking place in relation to trade are a major driver for ZAR and given the already bearishly inclined technicals, we see the downtrend in GBP/ZAR extending in the week ahead.
December 3,2018
The short-term trend in GBP/ZAR is however still one of weakness so we would expect any strength in Sterling to ultimately peter out and the downtrend to resume.
November 28,2018
Analysts at global investment bank Morgan Stanley are backing a stronger South African Rand in 2019.
November 26,2018
The Rand reached a fresh three-month high Thursday after the South African Reserve Bank (SARB) surprised markets by raising its interest rate for the first time almost three years.
November 22,2018
The Pound is seen stabilising against the Rand just above the 18.00 marker but our latest technical analysis suggests a move lower is likely over coming days.
November 20,2018
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