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100,000 GBP to ZAR - Rate Guide

British Pound Sterling to South African Rand exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

£100,000 GBP = R1,871,112 ZAR

GBP/ZAR trend & alerts

1 GBP = 18.71 ZAR

GBP/ZAR is trading well above the 90 day average 18.26 with range high 18.87 and low 17.26. There are currently no alerts.

View GBP/ZAR - Interactive Chart

GBP/ZAR Exchange Rates and Providers Compared

This guide to the British Pound Sterling to South African Rand exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to ZAR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/ZAR Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for GBP/ZAR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
GBP/ZAR

GBP to ZAR International Money Transfers

  

Foreign Transfer ProvidersReceive ZAR(R)Exchange RateFee GBPTotal CostDeal Links
OFX logo
R91,900
Best Overall
18.38£0^1.67%
TorFX logo
R91,800
R100 less
18.3601.78%
WorldFirst logo
R93,000
R1,100 more
18.600.5%
HSBC logo
R89,965
R1,935 less
18.02£7.53.74%
Natwest Bank logo
R89,481
R2,419 less
17.95154.26%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
R89,044
R2,856 less
17.86154.73%
Citibank International Money Transfers
Citibank logo
R89,036
R2,864 less
17.85124.74%
Santander International Money Transfers
Santander logo
R88,544
R3,356 less
17.78205.27%
Lloyds TSB logo
R88,196
R3,704 less
17.71205.64%
 

OFX logo

OFX: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:18.38 (1.67% from mid-rate)
To Amount (ZAR) R91,900
Total Cost:1.67%
Time:
Rate Fetched: Tue Oct 15 2019 00:09:52 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:18.36 (1.78% from mid-rate)
To Amount (ZAR) R91,800
Total Cost:1.78%
Difference:
R100 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:18.6 (0.5% from mid-rate)
To Amount (ZAR) R93,000
Total Cost:0.5%
Difference:
R1,100 ZAR more than using OFX
Time:0:21 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:£7.5 GBP (.15%)
Exchange Rate:18.02 (3.6% from mid-rate)
To Amount (ZAR) R89,965
Total Cost:3.74%
Difference:
R1,935 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:17.95 (3.97% from mid-rate)
To Amount (ZAR) R89,481
Total Cost:4.26%
Difference:
R2,419 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:17.73 (5.15% from mid-rate)
To Amount (ZAR) R89,044
Total Cost:4.73%
Difference:
R2,856 ZAR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Citibank logo

Citibank: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:12
Exchange Rate:17.85 (4.51% from mid-rate)
To Amount (ZAR) R89,036
Total Cost:4.74%
Difference:
R2,864 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logo

Santander: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:17.78 (4.88% from mid-rate)
To Amount (ZAR) R88,544
Total Cost:5.27%
Difference:
R3,356 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logo

Lloyds TSB: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:17.71 (5.26% from mid-rate)
To Amount (ZAR) R88,196
Total Cost:5.64%
Difference:
R3,704 ZAR less than using OFX
Time:0:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 10/15/2019 - See full table

Example 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.

Travel Money ProvidersAmount ZAR(R)Exchange RateFee GBPTotal CostDeal Links
Post Office Money Foreign Currency
Post Office Money logo
R17,910
Best Overall
17.9104.19%
Travelex Online UK logo
R17,905
R5 less
17.9052£0^4.22%
Citibank Foreign Currency
Citibank logo
R17,592
R318 less
17.77£105.89%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
R17,437
R473 less
17.64£106.72%
Lloyds TSB logo
R17,414
R496 less
17.59£106.84%
Santander Foreign Currency
Santander logo
R17,414
R496 less
17.59£106.84%
Natwest Bank logo
R17,326
R584 less
17.59£157.31%
 

Post Office Money logo

Post Office Money: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:0
Exchange Rate:17.91 (4.19% from mid-rate)
To Amount (ZAR) R17,910
Total Cost:4.19%
Time:0:21 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:17.9052 (4.21% from mid-rate)
To Amount (ZAR) R17,905
Total Cost:4.22%
Time:
Rate Fetched: Tue Oct 15 2019 00:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Citibank logo

Citibank: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:17.77 (4.94% from mid-rate)
To Amount (ZAR) R17,592
Total Cost:5.89%
Time:0:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:17.59 (5.9% from mid-rate)
To Amount (ZAR) R17,437
Total Cost:6.72%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:17.59 (5.9% from mid-rate)
To Amount (ZAR) R17,414
Total Cost:6.84%
Time:0:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:17.59 (5.9% from mid-rate)
To Amount (ZAR) R17,414
Total Cost:6.84%
Time:0:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£15 GBP (Minimum fee)
Exchange Rate:17.59 (5.9% from mid-rate)
To Amount (ZAR) R17,326
Total Cost:7.31%
Time:0:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 10/15/2019 - See full table

GBP / ZAR converter & margin calculator

£GBP
RZAR
mid-rates

Compare how much you can save on GBP/ZAR exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

South African Rand

1 GBP 18.71 ZAR
5 GBP 93.55 ZAR
10 GBP 187.10 ZAR
20 GBP 374.20 ZAR
50 GBP 935.50 ZAR
100 GBP 1,871.00 ZAR
250 GBP 4,677.50 ZAR
500 GBP 9,355.00 ZAR
1,000 GBP 18,710.00 ZAR
2,000 GBP 37,420.00 ZAR
5,000 GBP 93,550.00 ZAR
10,000 GBP 187,100.00 ZAR
50,000 GBP 935,500.00 ZAR
100,000 GBP 1,871,000.00 ZAR
See more

British Pound Sterling

South African Rand

0.0534 GBP 1 ZAR
0.2672 GBP 5 ZAR
0.5344 GBP 10 ZAR
1.0689 GBP 20 ZAR
2.6722 GBP 50 ZAR
5.3444 GBP 100 ZAR
13.36 GBP 250 ZAR
26.72 GBP 500 ZAR
53.44 GBP 1,000 ZAR
106.89 GBP 2,000 ZAR
267.22 GBP 5,000 ZAR
534.44 GBP 10,000 ZAR
2,672.20 GBP 50,000 ZAR
5,344.40 GBP 100,000 ZAR
See more
Country Guides (GBP & ZAR)
United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
JerseyJersey (GBP)South AfricaSouth Africa (ZAR)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)

GBP/ZAR - Historical Trends

This table shows historic rates and trends of British Pound Sterling to South African Rand over periods upto 10 years.

PeriodChange*GBP/ZARDate
1 Day+0.3%18.657013 Oct 2019
7 Day+0.3%18.655807 Oct 2019
30 Day+2.6%18.231114 Sep 2019
3 Month+8%17.318516 Jul 2019
1 Year-1.8%19.055914 Oct 2018
5 Year+5.6%17.722715 Oct 2014
10 Year+55.7%12.012616 Oct 2009

*For period to 14-Oct 21UTC when GBP/ZAR was 18.7083

You can use our GBP interactive charts to check GBPZAR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and ZAR in the Markets

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.

British Pound Sterling (GBP)

On October 11 the pound had a large one-day rise against the Euro with signs that the EU and UK could still get a Brexit deal ahead of the October 31 deadline. Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP Forecasts.

 

South African Rand (ZAR)

2018 was a grim year for the rand: it lost 14 percent of its value against the US dollar and lost 10 percent against the euro.

Stability returned in the first 5 months of 2019, with no change against the dollar and a 2 percent gain versus the euro.

Talk in May was all about the election, which was again won by the ANC party, led by Cyril Ramaphosa. This spurred a relief rally in the rand, but a serious fall in support for the ANC since 2014 suggests Ramaphosa will struggle implementing much-needed economic reforms.

With the election out of the way, analysts at Deutsche Bank are expecting the rand to weaken throughout the rest of the year.

"We think [rand] optimism will prove short-lived as the market quickly refocuses on deteriorating fundamentals," Deutsche said.

Why can't I just get the GBP/ZAR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the GBP / ZAR was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

We help you Compare & Save Money on Exchange Rates.

 

View all GBP Exchange Rates