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Top Story:

Pound vs Rand: Studies Suggest Reversal Potential Which Could Put an End to the Battering

Pound vs Rand: Studies Suggest Reversal Potential Which Could Put an End to the Battering


GBP/ZAR has been falling steadily for months, reaching yearly lows of 15.56 last Thursday after the Bank of England’s (BOE) hawkish (meaning wanting higher interest rates) rate meeting.


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 15.6398
Change on Previous Day's Close -0.26%

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

Today’s opening exchange rate is 15.6803
Today’s lowest exchange rate is 15.6044
Today’s best exchange rate is 15.7437
Best exchange rate of the year-to-date is 23.3327 (2016-05-19)
The lowest exchange rate of the year-to-date is 15.5736 (2017-03-16)

News and Forecasts:

South African Rand Leaps Against the Pound

  • Written by Joaquin Monfort

south african rand exchange rate 1

A mixture of emerging market weakness due to fears of the impact of Trump’s policies and Sterling rising from a hope of a special trade deal being struck with the US have led to a trend reversal in GBP/ZAR.

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