 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.855 |
| Change on Previous Day's Close | +1.02% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 23.6141 |
| Today's lowest exchange rate is | 23.4682 |
| Today's best exchange rate is | 23.8771 |
| 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 South African Rand exchange rate has risen sharply in recent weeks to establish itself with a tentative toehold above the 22.0 handle but it could also struggle to extend the rally by much beyond its current levels in the immediate period ahead.
March 26,2023
The Pound to Rand exchange rate entered the new week on the front foot and could remain buoyant close to 18-month highs up ahead as Sterling and its South African counterpart navigate a busy schedule of domestic economic risks and a turbulent global market backdrop.
March 13,2023
The South African Rand was a middle-of-the-road performer for the period in the final session of the week but is said to be at risk of losses in the short term while shifting fundamental drivers might be likely to see the currency trade differently over the medium term too, according to Goldman Sachs research.
March 10,2023
The Pound to South African Rand exchange rate was lifted by a tripartite of favourable influences early this week and might have scope to edge higher still but much depends on if Sterling and the Dollar remain on their current trajectories as well as on what comes out of the U.S. economic calendar.
February 28,2023
The South African Rand underperformed many other comparable currencies in adverse international market conditions ahead of the weekend and following a "greylisting" decision from the Financial Action Task Force (FATF).
February 24,2023
The South African Rand rose broadly in mid-week trade while South African bond yields fell as financial markets cheered success and promises of further progress in the government's effort to improve the public finances despite a difficult economic climate.
February 22,2023
The Pound to Rand exchange rate reached 18-month highs early in the new week amid a broad rally in Sterling and widespread losses for the Rand but GBP/ZAR could potentially rise further in the days ahead as South Africa's energy crisis risks fomenting an economic disaster.
February 21,2023
The South African Rand rose against an underperforming Pound in mid-week trade but lagged behind others after retail sales figures surprised on the low side of expectations and inflation numbers led some analysts to suggest an end of the South African Reserve Bank (SARB) interest rate cycle is near.
February 15,2023
The Pound to Rand exchange rate built further on recent gains early this week and could have scope to reach two-year highs around the 22.0 handle up ahead if economic data remain conducive to a stronger Sterling and softer Rand, or if the U.S. Dollar rebounds from nascent losses.
February 14,2023
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