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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 current market bias for the GBP to ZAR exchange rate is bearish.

Key drivers include:

  • The Bank of England (BoE) plans to ease interest rates as inflation decreases, making the GBP less attractive compared to the ZAR.
  • Economic growth in South Africa is projected to improve in 2026, helping strengthen the ZAR, while UK growth slows.
  • The South African Reserve Bank has recently decreased its repo rate, which could support the ZAR against the GBP.

In the near term, the exchange rate is expected to trade within a stable range.

Upside risks for the GBP include strong performance in UK manufacturing data that could support the currency. A downside risk is further monetary easing by the BoE due to fiscal pressures, which could push the GBP down.

Currently, GBP to ZAR is at 90-day lows near 22.18, 2.3% below the three-month average, highlighting the GBP’s weakness against the ZAR amid these broader economic shifts.

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 =
22.18We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.1%▼
90dLows◒
GBP to ZAR is at 90-day lows near 22.18, 2.3% below its 3-month average of 22.71, having traded in a quite stable 5.4% range from 22.18 to 23.37
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  1 ZAR = 0.045094 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
22 Dec 2025
22.51
1.4% ▼2 Week
07 Oct 2025
23.12
4% ▼3 Month
05 Jan 2025
23.32
4.8% ▼1 Year
06 Jan 2021
20.52
8.1% ▲5 Year
08 Jan 2016
23.59
5.9% ▼10 Year
10 Jan 2006
10.77
106% ▲20 Year
GBP/ZAR historic rates & change to 05-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