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Pound to South African Rand Live Exchange Rates, Forecasts, News and Analysis


Top Story:

Pound-Rand Exchange Rate Eyes Another Weekly Advance, Moodys Decision Forms Key Focus

Pound-Rand Exchange Rate Eyes Another Weekly Advance, Moodys Decision Forms Key Focus


The British Pound has scored two successive weekly gains on the South African Rand and the outcome of this week's trade will rest with a review by Moodys and the tone in global markets.


Data:

Live British Pound to South African Rand Exchange Rate(GBP/ZAR) Interbank Conversion:

What is the British Pound to South African Rand Rate Today?

The live GBP/ZAR exchange rate is 19.6679
Change on Previous Day's Close +0.0403%

How does Today's South African Rand Rate Compare with Previous Rates?

Today's opening exchange rate is 19.6599
Today's lowest exchange rate is 19.6599
Today's best exchange rate is 19.6599
Best exchange rate of the year-to-date is 23.2447 (07-08-2020)
The lowest exchange rate of the year-to-date is 19.4179 (22-12-2020)

News and Forecasts:

South African Rand Chips away at Undervaluation on Fed Tailwind

  • Written by James Skinner, Additional Editing by Gary Howes

Rand puts in another strong performance

The South African Rand chipped away at a longstanding undervaluation against a tentatively docile Dollar on Thursday and may remain in demand over the coming months now the Federal Reserve has gotten its message across about the U.S. interest rate outlook.

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South African Rand Has $13.87 in Crosshairs Medium-term

  • Written by James Skinner

South African Rand outlook

The South African Rand was leading the emerging market currency club on Monday, furthering an outperformance that has opened the door to two-year highs around 13.87 in the weeks or months ahead, according to technical analysts at Commerzbank.

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South African Rand Eyes Sixteen Month Highs as U.S. Dollar Deflates

  • Written by James Skinner

The South African Rand rose on Tuesday as the U.S. Dollar appeared to deflate in the wake of March inflation data that failed to give the greenback a new lease of life, leading USD/ZAR to test a key technical support level that is the last impediment to January 2020 highs.

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South African Rand's Outperformance Puts USD/ZAR Under Strain 

  • Written by James Skinner

The Rand has outperformed all major developed and emerging market rivals over multiple timeframes, placing pressure on a key USD/ZAR support level that is the last technical impediment to more than two year highs around 13.87 for the South African currency. 

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