What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 24.5752 |
Change on Previous Day's Close | +0.16% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
Today's opening exchange rate is | 24.5403 |
Today's lowest exchange rate is | 24.5301 |
Today's best exchange rate is | 24.9089 |
Best exchange rate of the year-to-date is | 24.97 (03-04-2025) |
The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
GBP/ZAR is showing signs of bottoming although the fundamental outlook for both the pound and the rand look quite bleak.
October 12,2016
The rand looks set to gain on continued inflows from the merger of Johannesburg-based SABMiller and AB InBev, the two largest brewers in the world, whilst sterling remains vulnerable to Brexit fears.
October 4,2016
GBP/ZAR continues falling broadly as balance of fundamentals support South African Rand.
September 30,2016
The Pound to South Africa (SA) rand has fallen steeply this week after news of a merger between the world’s two largest brewers SABMiller and ABI saw the latter purchasing rand to buy up shares in the former.
September 23,2016
Charts are pointing to more upside for GBP/ZAR whilst fundamentals are suggesting further weakness.
September 20,2016
Both the daily and weekly GBP/ZAR charts are showing bullish potential.
September 13,2016
The rand has supportive backwinds which could pressure GBP/ZAR lower over time.
September 9,2016
The GBP/ZAR has risen for seven out of the last seven days after concerns about South Africa’s political stability led to a weakening of the rand, whilst heightened expectations of the Federal Reserve moving to raise interest rates further pressured the currency.
August 30,2016
Much hinges on Janet Yellen’s speech on Friday as rand remains lackey of dollar.
August 24,2016
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