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GBP to ZAR 2026 Forecasts

Analysis of recent sterling → rand forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to South African rand performance and trends.

 

The GBP to ZAR exchange rate exhibits a range-bound bias. Key drivers influencing this situation include the interest rate policies of the Bank of England (BoE) and the South African Reserve Bank (SARB). The BoE's cautious signals on future rate cuts suggest that GBP may remain relatively strong, while the SARB has recently reduced interest rates, potentially easing support for the ZAR. Additionally, the economic growth forecasts for both countries present a mixed picture, with the UK facing slowing growth expectations, while South Africa anticipates moderate improvement driven by better logistics and electricity supply.

Over the next 1–3 months, the GBP/ZAR pair is expected to trade within a stable range, reflecting recent activity near 22.20, which is below its typical 3-month average. Upside risks include a rebound in UK retail sales that could further bolster GBP. Conversely, a prolonged decline in oil prices could negatively impact ZAR, which is sensitive to changes in commodity prices.

GBP-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to ZAR Market Data

British pound (GBP) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy ZAR
1 GBP =
22.21We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.3%▼
90dLows◒
GBP to ZAR is at 90-day lows near 22.20, 2.3% below its 3-month average of 22.73, having traded in a quite stable 5.3% range from 22.20 to 23.37
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  1 ZAR = 0.045031 GBP

Compare & Save - British pound to South African rand

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to South African rand (ZAR) rates from different sources before making a conversion.

Use our GBP to ZAR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Rand currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the South African rand?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs South African rand current value is to look the GBP/ZAR historic rate and change over a range of periods.

The following table looks at the change in the GBP to ZAR exchange rate over periods from the previous week back to the last 10 years.

DateGBP/ZARChangePeriod
19 Dec 2025
22.45
0.7% ▼2 Week
04 Oct 2025
23.22
4% ▼3 Month
02 Jan 2025
23.22
4% ▼1 Year
03 Jan 2021
20.05
11.2% ▲5 Year
05 Jan 2016
22.93
2.7% ▼10 Year
07 Jan 2006
10.87
105.2% ▲20 Year
GBP/ZAR historic rates & change to 02-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more