 GBP |  | ZAR | ▶ convert ▶ set alert |
What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.7122 |
| 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 | 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 South African Rand fell back near to post-pandemic lows against the Dollar this week but with international factors also weighing heavily on other currencies including Sterling, GBP/ZAR has listed sideways around the 19.80 level and could continue to do so in the days ahead.
August 31,2022
The Rand gave ground to most G20 currencies including an underperforming Pound ahead of the weekend as a rebounding U.S. Dollar sought to perpetuate a decline in South African exchange rates that has been keeping GBP/ZAR buoyant above the 20.70 level in recent weeks.
August 26,2022
The South African Rand was closing in on some of its weakest level for more than a year ahead of the weekend after a sell-off in the Chinese Renminbi and rally by the U.S. Dollar scuppered a multi-week recovery and prompted a brutal rout in South African exchange rates.
August 19,2022
The South African Rand climbed against most of the currencies in the G20 bucket during the opening half of the week and could lead GBP/ZAR to one month lows with a break back beneath the 20.0 handle in the days ahead if the stalling Dollar brings high yielding currencies back into fashion among investors.
August 10,2022
The Pound to Rand exchange rate rose to five month highs during the opening half of the week but lost momentum upon contact with an emerging layer of technical resistance around 20.6248 on the charts, which could continue to obstruct Sterling’s path higher in the days ahead.
August 3,2022
The Rand has rebounded from one year lows with the help of South African Reserve Bank (SARB) interest rate policy and a softening of the U.S. Dollar that have helped pull USD/ZAR down from a key resistance level at 17.0807 on the charts while containing a buoyant GBP/ZAR below 20.6226.
July 28,2022
The South African Rand outperformed all comparable currencies ahead of the weekend and a barely a day after the South African Reserve Bank (SARB) sought to tamp down domestic inflation expectations and fend off currency depreciation with its largest interest rate rise for two decades.
July 22,2022
The Pound to Rand exchange rate was left struggling after its earlier rally was stymied when the South African Reserve Bank (SARB) announced its largest interest rate rise for two decades in a bid to contain rising inflation expectations.
July 22,2022
The South African Rand benefited from a widespread retreat by the U.S. Dollar early in the new week but it remained an underperformer for the month of July and potentially faces risks associated with the high bar that financial markets have set for South African Reserve Bank (SARB) this Thursday.
July 19,2022
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