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Currency.Wiki
Updated 2 minutes ago
 ZAR =
    GBP
 South African Rand =  British Pounds Sterling
Trending: R exchange rates for the last 24 hours
  • ZAR/USD 0.053507 -0.00428161
  • ZAR/EUR 0.051543 -0.00198615
  • ZAR/JPY 8.200592 -0.65130364
  • ZAR/GBP 0.042893 -0.00161738
  • ZAR/CHF 0.048423 -0.00201390
  • ZAR/MXN 1.096671 -0.04788902
  • ZAR/INR 4.662613 -0.20933673
  • ZAR/BRL 0.308130 -0.02083090
  • ZAR/CNY 0.389722 -0.02306625

ZAR/GBP exchange rate analysis over the past 90 days

South African Rand to British Pound Sterling exchange rate: Over the last 90 days, the South African Rand weakened by -3.77% against the British Pound Sterling, declining from £0.0445 to £0.0429 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Lesotho, Namibia, South Africa and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Lesotho, Namibia, South Africa and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Lesotho, Namibia, South Africa or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Lesotho, Namibia, South Africa relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

R

South African Rand Currency

Country: Lesotho, Namibia, South Africa

Symbol: R

ISO Code: ZAR

Bank: South African Reserve Bank

Interesting fact about South African Rand

The South African Rand (ZAR), introduced in 1961, is the official currency of Lesotho, Namibia, and South Africa. It plays a vital role in these countries' economies, facilitating trade and investment. The Rand's history includes movements influenced by economic conditions, political events, and global market trends. Today, it remains a significant currency in the region.

£

British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The South African Rand to British Pound Sterling exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 ZAR to GBP is £0.04.
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Yes, our site provides historical charts that show the trends and fluctuations in the South African Rand to British Pound Sterling exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.