GBP to ZAR interbank exchange rate = 18.3389
This calculator converts amounts at the latest ZAR/GBP mid-rate or enter a rate to check the exchange rate you are being offered or already charged.
GBP / ZAR converter & margin calculator
Foreign Transfers Travel Money
Compare how much you can save on GBP/ZAR exchange rates for:
British Pound Sterling |
South African Rand |
|---|---|
| 10 GBP | 183.39 ZAR |
| 100 GBP | 1,833.89 ZAR |
| 1,000 GBP | 18,338.90 ZAR |
| 2,000 GBP | 36,677.80 ZAR |
| 10,000 GBP | 183,389.00 ZAR |
| See more | |
British Pound Sterling |
South African Rand |
|---|---|
| 0.5453 GBP | 10 ZAR |
| 5.4529 GBP | 100 ZAR |
| 54.53 GBP | 1,000 ZAR |
| 109.06 GBP | 2,000 ZAR |
| 545.29 GBP | 10,000 ZAR |
| See more | |
Compare Actual GBP/ZAR Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for GBP/ZAR International Money Transfers. Total Costs are calculated when the amount when GBP is converted to ZAR at the mid-rate without fees.
GBP-ZAR Foreign Transfers
| Foreign Transfer Providers | Receive ZAR(R) | Exchange Rate | Fee GBP | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
 More info▾ | 89,900 ZAR Best Overall | 17.98 | £0^ | 1.96% | Bank Transfers - Online & Phone, Foreign Currency Accounts | 1-2 days | |
 More info▾ | 89,800 ZAR 100 ZAR | 17.96 | 0 | 2.07% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate      Average rate from selected banks. More info▾ | 87,130 ZAR 2,770 ZAR | 17.48 | 15 | 4.98% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
ZAR Travel Money
| Travel Money Providers | Amount ZAR(R) | Exchange Rate | Fee GBP | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
 More info▾ | 17,614 ZAR Best Overall | 17.6144 | £0^ | 3.95% | Online order, Branch pickup, Home delivery | 2-3 days | |
Post Office Money Foreign Currency  More info▾ | 17,570 ZAR 44 ZAR | 17.57 | 0 | 4.19% | Online order, Branch pickup, Home delivery | 2-3 days | |
Banks - Average Rate Average rate from selected banks. More info▾ | 17,101 ZAR 513 ZAR | 17.3 | £10 | 6.75% | Branch | - |
| ZAR Country Guides |
|---|
 South Africa |
GBP/ZAR - Historical Trends
This table shows historic rates and trends of British Pound Sterling to South African Rand over periods upto 10 years.
| Period | Change* | GBP/ZAR | Date |
|---|---|---|---|
| 1 Day | +0.41% | 18.2693 | 16 May 2019 |
| 1 Week | -0.37% | 18.4121 | 10 May 2019 |
| 1 Month | +0.67% | 18.2211 | 17 Apr 2019 |
| 6 Months | +2.18% | 17.9514 | 18 Nov 2018 |
| 1 Year | +7.7% | 17.0316 | 17 May 2018 |
| 5 Years | +5.31% | 17.4181 | 18 May 2014 |
| 10 Years | +40% | 13.1024 | 19 May 2009 |
*For period to 17-May 21UTC when GBP/ZAR was 18.3433
You can use our GBP interactive charts to check GBPZAR historic trends.
Outlook and forecasts for GBP and ZAR
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the GBP vs ZAR, you should pay attention to the forecasts and trends for both British Pound Sterling and South African Rand:
British Pound Sterling (GBP) outlook
Nine straight days of losses against the euro in May took the pound to a 3-month low of €1.143, and similar losses against the US dollar meant quotes in the low $1.28s — also a 3-month low.
Sterling weakness has returned following a breakdown in the UK of cross-party Brexit talks, which has brought “no deal” back to life.
It seems nothing much has changed: PM Theresa May has announced that she will ask the House of Commons to vote again on her withdrawal deal in early June (the deal has already been rejected three times).
A fourth defeat for May’s plan is widely expected and would make no-deal much realer, with little time to organize any alternative before the October-31 exit date (unlikely to be extended). It remains possible, however, that Brexit is cancelled entirely.
Read the full article British Pound Sterling Forecasts.
South African Rand (ZAR) outlook
2018 was a grim year for the rand: it lost 14 percent of its value against the US dollar and lost nearly 10 percent against the euro.
The rand started 2019 with a bang but began to falter in the latter stages of January after the South African Reserve Bank pointed to significant improvements in the inflation outlook and indicated that this meant it had less of an incentive to raise interest rates. The SARB predicted only one further increase in rates between now and the end of 2021, down from a predicted three increases in November.
At the time of writing (March-23), at an exchange rate of R14.5 per USD, the rand was bang in the centre of its September-January uptrend against the dollar, and similar could be said versus the euro (R16.4 per EUR).
This May’s general election might add some currency uncertainty given the divisions within South Africa's ruling ANC party but once the election dust has settled the rand will have benefitted, thinks a Standard Bank analyst, due to the “much-needed policy reforms” that the election will facilitate.
Why can't I just get the GBP/ZAR market rate I see online or in the media?
The GBP/ZAR mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the GBP / ZAR was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
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