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GBP to ZAR - Best Rates Guide

We review Pound Sterling to South African Rand latest & historic FX rates along with recent GBP/ZAR Trend and Alerts.

 

Best GBP to ZAR Rate

1 GBP = 20.69 ZAR
LATEST GBP/ZAR MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

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Pound Sterling to South African Rand
- Trends & Alerts

GBPZAR at 20.70 is a little above its 90-DAY average, range 19.61-21.46.
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1-DAY0.8% 60-DAY-HIGH (3d)
 
GBP to ZAR chart

View My Alerts

   

Comparing GBP to ZAR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/ZAR rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for GBP to ZAR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Pound Sterling to South African Rand - Quick Conversions

GBP ZAR
£ 1 R 20.69
£ 5 R 103.45
£ 10 R 206.90
£ 20 R 413.80
£ 50 R 1,035
£ 100 R 2,069
£ 250 R 5,173
£ 500 R 10,345
£ 1,000 R 20,690
£ 2,000 R 41,380
£ 5,000 R 103,450
£ 10,000 R 206,900
£ 50,000 R 1,034,500
£ 100,000 R 2,069,000
More amounts
GBP ZAR
£ 0.0483 R 1
£ 0.2416 R 5
£ 0.4833 R 10
£ 0.9666 R 20
£ 2.4164 R 50
£ 4.8328 R 100
£ 12.08 R 250
£ 24.16 R 500
£ 48.33 R 1,000
£ 96.66 R 2,000
£ 241.64 R 5,000
£ 483.28 R 10,000
£ 2,416 R 50,000
£ 4,833 R 100,000
More amounts

Calculate other GBP/ZAR amounts (from or to) at mid-market with our GBP to ZAR Calculator .

Pound Sterling and South African Rand - Market News

 

When determining the best time to make a foreign exchange transaction, in this case the GBP vs ZAR, you should pay attention to the recent market trends for both currencies.

 

Pound Sterling (GBP)

The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.

Get more details in the article British Pound Forecasts.

 

South African Rand (ZAR)

Rabobank told Bloomberg TV in early April that they see a difficult virus affected year in 2020 for the South African rand.

   

Country Guides - South African Rand

 
South AfricaSouth Africa (ZAR)
     

How to get Good GBP to ZAR Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

 

What is a good GBP to ZAR exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling 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.

GBP/ZARChangePeriod
20.7524
08 Jan 2021
0.3% ▼1 Week
20.0127
16 Dec 2020
3.4% ▲30 Days
21.3688
17 Oct 2020
3.1% ▼90 Days
18.8506
16 Jan 2020
9.8% ▲1 Year
23.9901
17 Jan 2016
13.7% ▼5 Years
11.0329
18 Jan 2011
87.6% ▲10 Years

GBP/ZAR 10 year historic rates & change to 15-Jan-2021 : 20.6990

 
   

Will the Pound Sterling rise against the South African Rand?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.