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Daily Exchange Rate Forecasts & Currency News

Pound Rand forecast - GBP ZAR

A round up of the latest Pound Rand forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 05:39:44 Pound Rand Rate »
GBP/ZAR +0 Days Low Days High Last Daily
16.95911 +0% 16.95911 16.95911 16.95911

GBP/ZAR Exchange Rate Stable as Bank of England (BoE) Tipped for May Interest Rate Hike

22 Mar 2018 at 4 PM - Written by Toni Johnson

On Wednesday’s trading session, the Pound to Rand exchange rate declined overall, having shifted from an opening level of 16.7589 to later close down lower in the region of 16.7251. Wednesday’s major UK data covered the unemployment rate and changes to average earnings in January. Unemployment unexpectedly fell from 4.4% to 4.3%,...

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Recent South African Budget Speech Continues to Boost GBP/ZAR Exchange Rate

23 Feb 2018 at 3 PM - Written by Toni Johnson

The Pound Sterling to South African Rand exchange rate has tumbled today, although GBP is making solid gains elsewhere. The strength of ZAR can be seen in its performance against other major currencies; while the GBP/ZAR exchange rate has fallen -0.6% to 16.1543, the USD/ZAR exchange rate has fallen -1% and the EUR/ZAR pairing has dropped...

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GBP ZAR Exchange Rate Surges Higher on Seventh Month of South African Manufacturing Sector Contraction

12 Jan 2018 at 12 PM - Written by Frank Davies

After a volatile week of trading the Pound South African Rand (GBP ZAR) exchange rate surged higher on Friday, spurred on by disappointing South African manufacturing data. As the ABSA manufacturing PMI slumped further than forecast in December, plunging from 48.6 to 44.9, this undermined confidence in the domestic outlook. With the...

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GBP to ZAR Exchange Rate Tumbles After Volatile Week

17 Nov 2017 at 5 PM - Written by Ben Hughes

Solid UK retail sales data and anticipation for Brexit developments couldn’t help the British Pound to South African Rand exchange rate to hold its ground on Friday. Weakness in the US Dollar (USD) led emerging market currencies like the Rand to strengthen. The pair saw volatile trade for most of the week. GBP/ZAR began the week at the...

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GBP/ZAR Exchange Rate Rises as May Talks Up Brexit Success

6 Nov 2017 at 1 PM - Written by Toni Johnson

Last week, the Pound to Rand exchange rate rose from an opening rate of 18.5585 to close higher at 18.5986 on Friday. This wasn’t the best rate of the week, however, as the pairing hit a high of 18.8188 just before a Bank of England (BoE) policy announcement. GBP Trades Higher after PM Reassures on Brexit Preparedness The minor...

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Higher UK Inflation Sparks UK Wage Squeeze Fears, Triggering GBP/ZAR Slide

17 Oct 2017 at 4 PM - Written by Frank Davies

On Monday, the Pound saw a slight appreciation against the South African Rand. GBP opened trading around 17.6522, later ending daily trading in the region of 17.6634. This advance was triggered by optimism about the UK’s position in Brexit talks, although this positivity has since faded to a large extent. Pound to Rand Rate Advances...

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GBP ZAR Exchange Rate Loses Ground Ahead of BoE Credit Report

11 Oct 2017 at 11 AM - Written by David Woodsmith

While worries over Theresa May’s future as Prime Minister eased somewhat over the weekend this failed to keep the Pound South African Rand exchange rate on a stronger footing for long. A sense of political uncertainty is continuing to weigh on the outlook of Sterling, with markets jittery as the latest round of Brexit talks draws towards...

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Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

4 Sep 2017 at 8 AM - Written by David Woodsmith

The pound to rand exchange rate has been in steady decline from early August highs where the pair touched 1 GBP = 17.51. GBP/ZAR, on Tuesday 5th September, is quoted at 16.76288. Decent UK data was not able to help the British Pound to hold its ground. The pair slipped due to strong South African trade and manufacturing results despite...

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GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

27 Aug 2017 at 9 AM - Written by Frank Davies

The pound to rand exchange rate has seen a strong start to the new week, quoted at 16.85377, 0.35 per cent higher than the day's open. The South African currency is also seen lower than both the euro and the US dollar. Although the second revision of the second quarter UK gross domestic product showed no change in the headline growth...

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Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation...

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