What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 23.0815 |
Change on Previous Day's Close | +0.08% |
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) |
Rand continues weakening after poor manufacturing data and macro risks weigh with charts confirming broader GBP/ZAR trend is up. The main release for ZAR is GDP data for Q2.
September 3,2018
The Rand has been volatile this week as markets digest the latest events around President Cyril Ramaphosa's controversial land reform programme but things could get worse for the South African currency before they get better, according to multiple analysts covering the currency.
August 30,2018
The Rand fell broadly in "risk-off" markets Thursday as US and Chinese trade representatives met for fresh talks on trade relations and as traders responded to President Donald Trump having waded into the now-international debate around a controversial land reform programme of the South African government.
August 24,2018
The Pound-to-Rand rate rose strongly last week after the Turkish currency crisis drove an investor exodus from other vulnerable emerging market currencies including the South African (SA) Rand, although the exchange rate is expected to decline over coming days.
August 20,2018
The Rand is paring recent losses against the Pound and other global currencies with one noted analyst telling us the weakness in the exchange rate might have been overdone.
August 14,2018
The Rand hit a two-year low Monday amid ongoing concerns about a possible Turkish financial crisis that is driving an exodus of investors from emerging market economies, and analysts are uncertain as to whether it lthough analysts say the currency should stabilise itself over coming days.
August 15,2018
The Rand and Lira are often placed in the same emerging market currency bracket by investors and therefore risk sentiment impact one can often spill over into the other.
August 10,2018
GBP/ZAR poised to break lower although the 50 week Moving Average appears to be providing a bedrock of support.
August 6,2018
South African Rand on the back foot as markets digest populist political developments with move being seen to have "negative impact on investor confidence"
August 1,2018
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