What is the British Pound to South African Rand Rate Today? | |
The live GBP/ZAR exchange rate is | 24.6449 |
Change on Previous Day's Close | +0.32% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
Today's opening exchange rate is | 24.5665 |
Today's lowest exchange rate is | 24.5077 |
Today's best exchange rate is | 24.7478 |
Best exchange rate of the year-to-date is | 24.7478 (03-04-2025) |
The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
The GBP/ZAR has extended its down-trend into the lower 17s on the back of a still-pessimistic outlook for sterling due to post-Brexit fallout.
August 16,2016
The GBP/ZAR pair is in a steep down-trend which has reached a strata of chart support in the 17s; on the fundamental front the outcome of South African elections is proving mildly positive for the rand.
August 10,2016
The lack of South African domestic data and the likelihood of more stimulus from the Bank of England means the GBP/ZAR pair is at risk of falling in the week ahead, unless it is propped up by global factors.
August 2,2016
Ever sensitive to global risk trends, the South African rand kept pushing higher on Friday after the Bank of Japan (BOJ) underwhelmed investors with its stimulus offering, indicating a more optimistic outlook.
July 29,2016
Risk trends are likely to dominate the movement of the South African rand in the week ahead, which given the less negative than expected impact of Brexit, may be positive both for risk appetite and the rand.
July 25,2016
The South African rand continues to strengthen against the weaker pound, after inflation data showed a slight rise in price growth in June. This week the South African Reserve Bank is also set to meet and decides its interest rate.
July 21,2016
The pound to South African (SA) Rand traded higher, reaching the 19.20s on Thursday after the BOE decided the economy was sufficiently strong not to require more stimulus
July 15,2016
Zimbabwe should ditch the US dollar and adopt the South African Rand in order to lower domestic prices and increase international competitiveness.
June 30,2016
GBP/ZAR may look a little overextended on the charts but as long as there is no sign from price action of it actually reversing the outlook continues to be bearish.
June 29,2016
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