What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0684 |
| Change on Previous Day's Close | +0.02% |
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 | 23.0831 |
| 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 auction comes a week out from a November 24 review, which could see S&P and/or Moody’s cut South Africa’s local-currency rating beneath investment grade.
November 15,2017
The threat to South Africa's credit rating was raised Monday, heaping further pressure onto the Rand, government bonds and pushing GBP/ZAR to new highs.
November 13,2017
A compelling chart pattern favours a rise in the Pound-to-Rand in the week ahead, with political risks for both currencies potentially providing the high volatility drivers.
November 13,2017
Expectations of a sovereign downgrade had risen since October’s medium term budget statement, only to solidify in November following press reports that the Zuma government is preparing to rollout free higher education across South Africa.
November 9,2017
The Pound-to-South African Rand is at a crossroads on price charts as we enter the new trading, though a lack of market-moving data means the outlook could remain fuzzy for some time.
November 6,2017
The Pound is weakening against the South African Rand after the Bank of England (BOE) increased interest rates at its meeting on Thursday but did so cautiously.
November 2,2017
Morgan Stanley is bearish the Rand in the short-term having revised down its end of year targets for the currency, but the investment bank sees a 'light at the end of the tunnel' for the currency in 2018.
October 31,2017
The Rand weakened substantially following last week's budget but losses may only have been temporary suggests one interpretation, backed up by several analysts views.
October 30,2017
The UniCredit team have cut their year-end and 2018 forecasts for the Rand following Wednesday's budget but they also highlight that, after an initial bout of short term volatility, the Rand should see a steady improvement throughout 2018.
October 27,2017
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