 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) |
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
The Pound to South African Rand exchange rate is one of the better performing Sterling pairs of the year but its rally has stalled since the middle of April while on both sides of the equation there are reasons emerging for why GBP/ZAR might be in the process of topping out.
April 20,2023
The Pound to South African Rand exchange rate has risen to almost three-year highs in recent trade and the risk is of it climbing further in the weeks and months ahead but significant technical resistances near and above 23.50 could limit any additional gains for Sterling.
April 13,2023
The Pound to South African Rand exchange rate has retreated from almost two-year highs in recent trade but a heightened risk of further increases in the South African Reserve Bank (SARB) cash rate could mean that GBP/ZAR now struggles to resume its earlier uptrend in the weeks ahead.
April 5,2023
The Rand rallied across the board in the penultimate session of the week after the South African Reserve Bank (SARB) raised its interest rate further than was expected and indicated that further increases would be likely if local inflation risks persist through the months ahead.
March 30,2023
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