 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.6957 |
| Change on Previous Day's Close | +0.09% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 23.6748 |
| Today's lowest exchange rate is | 23.6372 |
| Today's best exchange rate is | 23.767 |
| 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 Rand exchange rate entered the New Year on the back foot and with early trades pulling Sterling closer toward the 20.32 to 19.77 range it would trade in when fully discounted by the recently wider inflation and interest rate differentials between the UK and South Africa.
January 4,2023
The Pound to Rand pair entered the new the week on the back foot after the re-election of President Cyril Ramaphosa as leader of the African National Congress incited a rally in South African exchange rates that appeared to place GBP/ZAR at risk of falling back toward the 20.80 area in the days ahead.
December 19,2022
The Rand appreciated in value on news the African National Congress (ANC) has reelected President Cyril Ramaphosa as its leader.
December 19,2022
The South African Rand softened against most comparable currencies in recent trade with an underperformance that has helped to keep GBP/ZAR buoyant above 21.0 and near to this year's highs though a difficult outlook for the Pound could limit additional gains in the Sterling pair even if USD/ZAR climbs further.
December 15,2022
The Pound to Rand exchange rate retreated further from one year highs early on this week and appeared set to test the waters beneath the 21.0 level but international market conditions and next week's events in the U.S. will be key to just how far below there GBP/ZAR can go into year-end.
December 6,2022
The South African Rand has lost significant value on news South Africa's president Cyril Rampahosa is set to resign.
December 1,2022
The South African Rand was an outperformer among comparable currencies early in the new week when rallying against the Dollar and pushing the Pound back toward its early November lows though the risk is of a midweek rebound in U.S. exchange rates that could see GBP/ZAR bounce over the coming days.
November 29,2022
The South African Rand fell broadly ahead of the weekend as the Dollar climbed from the week's lows but would likely sustain steeper losses if the greenback reverses more of its November decline, according to Goldman Sachs, which has also flagged Sterling as near equally vulnerable for similar reasons.
November 25,2022
The South African Rand steadied against the U.S. Dollar but continued to lag behind other comparable currencies after the South African Reserve Bank (SARB) raised its interest rate to its highest since 2009 in a split decision that divided members of the Monetary Policy Committee.
November 24,2022
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