 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 Rand has continued to test an important level of resistance against the Dollar on the charts though it has been unable to subdue a buoyant Pound Sterling and will have to navigate a multitude of risks in the days ahead including a South African Reserve Bank (SARB) interest rate decision and a volatile offshore environment.
November 22,2022
The Rand pushed USD/ZAR below 17.25 to reach its highest level since early September this week in a turn of events that creates scope for further gains in the days and weeks ahead while also warning of a possible trend reversal being in the pipeline for the U.S. Dollar exchange rates more generally.
November 15,2022
The Pound to Rand exchange rate has more than reversed its September losses in a recovery that has most recently stalled near 2022 highs but it will run the risk of a corrective setback later this week if the Dollar remains on the back foot or if Sterling is disadvantaged by Thursday's Bank of England (BoE) decision.
November 2,2022
The South African Rand fell to a fresh two-year low against the Dollar before recovering sharply on Thursday following another surprisingly strong set of U.S. inflation figures, although domestic factors may best explain the underperformance against other currencies this week.
October 13,2022
The South African Rand outperformed almost all comparable currencies early in the new week with the aid of a softer U.S. Dollar and in price action that halted a week long rally in GBP/ZAR, which would potentially fall back near to the 19.66 level if the softer Dollar trends persists through the days ahead.
October 4,2022
The South African Rand fell in rough market conditions ahead of the weekend while analysts reiterated bearish outlooks for the currency owing in large part to a hawkish Federal Reserve (Fed) interest rate policy.
September 24,2022
The South African Rand was an outperformer ahead of September's Federal Reserve policy decision but could rise further against some currencies ahead of the weekend if the South African Reserve Bank (SARB) outpaces its U.S. counterpart when lifting its own benchmark for borrowing costs on Thursday.
September 21,2022
The South African Rand fell to two-year lows in the penultimate session of the week and could be heading toward highly volatile week in which the South African Reserve Bank (SARB) is set to announce its latest interest rate decision amid a bonnanza of other central bank policy pronouncements.
September 15,2022
The Pound to Rand exchange rate rallied early in the new week as a rising U.S. Dollar weighed on other currencies while Sterling benefited from the appointment of a new UK Prime Minister, although further gains could potentially be limited by a resilient show from South Africa’s economy.
September 6,2022
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