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


Top Story:

South African Rand Slips after Reserve Bank Cuts Rates and Economic Forecasts 

South African Rand Slips after Reserve Bank Cuts Rates and Economic Forecasts 


The Rand ceded ground to a weakening Dollar and recovering Pound Thursday after the South African Reserve Bank (SARB) surprised markets by cutting both its benchmark interest rate as well as economic forecasts. 


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 18.8135
Change on Previous Day's Close +0.0839%

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

Today's opening exchange rate is 18.7978
Today's lowest exchange rate is 18.7978
Today's best exchange rate is 18.7978
Best exchange rate of the year-to-date is 19.6335 (02-11-2019)
The lowest exchange rate of the year-to-date is 17.1448 (31-07-2019)

News and Forecasts:

The South African Rand: Could "Sabotage" at Eskom Be a Gamechanger? 

  • Written by James Skinner

The Rand was buoyant Wednesday amid steady Dollar exchange rates and after President Cyril Ramaphosa revealed that "sabotage" was behind the recent load-shedding at Eskom that brought some parts of the economy to a standstill this week, although some say the discovery is unlikely to be a gamechanger for South Africa's currency. 

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Pound-South African Rand Exchange Rate hits 19.50 on Eskom Woes

  • Written by James Skinner

South Africa’s final-quarter economic performance was at risk Tuesday after load-shedding at troubled power utility Eskom shuttered the country’s mines, prompting a sharp fall in the Rand, which is also nervously eyeing the Federal Reserve (Fed) and White House tariff threats. 

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