What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 23.0611 |
Change on Previous Day's Close | -0.01% |
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 | 23.0413 |
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) |
The Rand advanced against rivals Wednesday as traders responded to official data revealing a surprise fall in inflation during August and as a declining U.S. Dollar offered a rare moment of respite to the South African currency, but few analysts expect these gains to endure.
September 19,2018
The Rand is on course for fresh losses this week because the South African Reserve Bank (SARB) is unlikely to deliver what markets are looking for following Thursday's interest rate meeting, according to strategists at Morgan Stanley, who are advocating that clients sell the currency and buy the U.S. Dollar.
September 17,2018
The South African Rand is recovering against the Pound following a prolonged sell-off; we gauge whether the recovery is sustainable in a week that brings with it a key SARB meeting.
September 17,2018
The South African Rand is likely to fall during coming weeks, according to Credit Suisse, because external and domestic drivers are both expected to continue weighing on the currency.
September 13,2018
The Rand's 2018 losses have reached problematic extremes and a rate hike from the South African Reserve Bank (SARB) is now necessary to stabilise the currency and combat rising levels of inflation, according to Investec Bank.
September 12,2018
The Pound-to-South-African-Rand rate fell for the third consecutive session at the start of the new week after following reports alleging that officials are sacrificing much needed detail in order to get a quick fix in the Brexit negotiations, but the bigger picture supports a bullish outlook for GBP/ZAR.
September 10,2018
Populist political policies is a thread running through all those emerging market countries currently experiencing a currency crisis.
September 6,2018
Key 20.00 market for GBP/ZAR now breached as SA slides into recession and the Rand is swept away with other Emerging Market currencies as investors liquidate holdings in favour of Dollars. But, the ZAR is considered undervalued by Standard Bank, and this hints that a recovery lies ahead.
September 5,2018
ZAR was an underperformed on global markets in response to a steep fall in economic activity. Analysts give their response and expectations for the Rand going forward.
September 4,2018
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