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 is23.8679
Change on Previous Day's Close-0.16%

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

Today's opening exchange rate is23.9065
Today's lowest exchange rate is23.8201
Today's best exchange rate is23.9293
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:

south african rand 3

 There are signs the GBP/ZAR down-trend is getting a bit long in the tooth.

March 28,2017

south african rand 2

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.

March 20,2017

south african rand 5

With no major signs of the downtrend ending yet, we forecast GBP/ZAR to continue lower, with a break below the 15.7500 confirming a continuation down to 15.5000.

March 16,2017

south african rand 5

GBP/ZAR has now surpassed the 2016 October lows forged when hard Brexit fears were at their worst after Theresa May’s speech at the Conservative party conference.

March 16,2017

south african rand 4

The South African Rand has gradually strengthened versus the Pound after the outlook for emerging market currencies brightened.

March 1,2017

south african rand 3

A triangle pattern has formed on GBP/ZAR with bearish connotations.

February 20,2017

The carry trade

The Pound to Rand exchange rate has this week fallen to its lowest levels since October 2013 when it recorded a conversion of 16.0685 in mid-week trade.

February 17,2017

south african rand 2

The GBP/ZAR pair has broken above a key multi-month trendline signalling the balance of probabilities now favour more upside, with 17.50 providing an initial target but the potential for much higher rates thereafter, in the medium term.

February 13,2017

south african rand 5

 The outlook for the South African Rand has undergone something of a transformation according to a recent note by Deutsche Bank’s Gautam Kalani.

February 8,2017

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