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 is23.9583
Change on Previous Day's Close+0.24%

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

Today's opening exchange rate is23.9014
Today's lowest exchange rate is23.8688
Today's best exchange rate is24.0622
Best exchange rate of the year-to-date is24.72 (01-06-2023)
The lowest exchange rate of the year-to-date is21.8501 (03-04-2023)

News and Forecasts:

The South African Rand was an outperformer among comparable currencies early in the new week when rallying against the Dollar and pushing the Pound back toward its early November lows though the risk is of a midweek rebound in U.S. exchange rates that could see GBP/ZAR bounce over the coming days.

November 29,2022

The South African Rand fell broadly ahead of the weekend as the Dollar climbed from the week's lows but would likely sustain steeper losses if the greenback reverses more of its November decline, according to Goldman Sachs, which has also flagged Sterling as near equally vulnerable for similar reasons.

November 25,2022

The South African Rand steadied against the U.S. Dollar but continued to lag behind other comparable currencies after the South African Reserve Bank (SARB) raised its interest rate to its highest since 2009 in a split decision that divided members of the Monetary Policy Committee.

November 24,2022

The Rand has continued to test an important level of resistance against the Dollar on the charts though it has been unable to subdue a buoyant Pound Sterling and will have to navigate a multitude of risks in the days ahead including a South African Reserve Bank (SARB) interest rate decision and a volatile offshore environment. 

November 22,2022

The Rand pushed USD/ZAR below 17.25 to reach its highest level since early September this week in a turn of events that creates scope for further gains in the days and weeks ahead while also warning of a possible trend reversal being in the pipeline for the U.S. Dollar exchange rates more generally.

November 15,2022

The Pound to Rand exchange rate has more than reversed its September losses in a recovery that has most recently stalled near 2022 highs but it will run the risk of a corrective setback later this week if the Dollar remains on the back foot or if Sterling is disadvantaged by Thursday's Bank of England (BoE) decision.

November 2,2022

The South African Rand fell to a fresh two-year low against the Dollar before recovering sharply on Thursday following another surprisingly strong set of U.S. inflation figures, although domestic factors may best explain the underperformance against other currencies this week.

October 13,2022

The South African Rand outperformed almost all comparable currencies early in the new week with the aid of a softer U.S. Dollar and in price action that halted a week long rally in GBP/ZAR, which would potentially fall back near to the 19.66 level if the softer Dollar trends persists through the days ahead. 

October 4,2022

The South African Rand fell in rough market conditions ahead of the weekend while analysts reiterated bearish outlooks for the currency owing in large part to a hawkish Federal Reserve (Fed) interest rate policy. 

September 24,2022

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