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


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The Pound-to-South-African-Rand this Week: Downside Risks Abound amid Test of Support on Charts

The Pound-to-South-African-Rand this Week: Downside Risks Abound amid Test of Support on Charts


The Pound-to-South-African-Rand rate was trading around 18.24 at the beginning of the new week after closing the previous one -0.23% lower on Friday and studies of the charts suggest there's a risk of more downside ahead if a tough zone…


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 18.2424
Change on Previous Day's Close +0.1767%

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

Today's opening exchange rate is 18.2155
Today's lowest exchange rate is 18.2068
Today's best exchange rate is 18.241
Best exchange rate of the year-to-date is 19.6833 (18-09-2018)
The lowest exchange rate of the year-to-date is 17.1448 (31-07-2019)

News and Forecasts:

South African Rand Reverts Eyes to the Federal Reserve

  • Written by James Skinner

The Rand tumbled Wednesday as investors became less pessimistic in their outlook for U.S. growth amid renewed hopes of a deal to end the trade war between the world's two largest economies, and local analysts are saying the South African will continue to take its cues from events in the U.S. over the coming weeks. 

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The South African Rand: Year-end Recovery in Sight says Investec

  • Written by James Skinner

South Africa's Rand ruled the emerging market roost Thursday amid renewed hopes the U.S. and China will return to the negotiating table, but the currency is tipped by Investec Bank to rise even further into year-end as the Federal Reserve (Fed) cuts U.S. interest rates. 

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The South African Rand is at Risk as Fed's Powell Looms

  • Written by James Skinner

The Rand was in retreat Thursday as the Dollar and other major currencies rebounded in response to another so-called inversion of the U.S. bond yield curve, which comes ahead of a landmark speech from Federal Reserve Chairman Jerome Powell that will set the mood for South Africa's currency in the coming weeks. 

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Pound Can Go Higher vs. South African Rand

  • Written by Joaquin Monfort

South African Rand week ahead

The Pound-to-Rand exchange rate is trading at 18.58 at the time of writing, down 0.80% on the day in line with broad-based Sterling weakness, however, the pair rallied 1.32% in the week before, and our technical studies of the charts suggest the pair will probably continue higher in the short-term.

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