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100,000 GBP to ZAR - Rate Guide

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/Card transactions as shown below.

 

£100,000 GBP
=
R1,944,575 ZAR

Amounts converted at interbank mid-rate of 19.45, see foreign transfers and travel money for available rates.

1 GBP = 19.45 ZAR

   Sell GBP / Buy ZAR  Switch

GBP to ZAR - Trading Range (90 Day)
1-DAY ▲ 0.6% (1d)
GBP/ZAR at 19.44 was trading 2.3% above the 90-day average 19.01 with a range 18.34 to 19.81. There are no current rate alerts.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

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Quick Conversions from Pound Sterling to South African Rand

GBP

ZAR

£ 1
R 19.45
£ 5
R 97.25
£ 10
R 194.50
£ 20
R 389.00
£ 50
R 972.50
£ 100
R 1,945
£ 250
R 4,863
£ 500
R 9,725
£ 1,000
R 19,450
£ 2,000
R 38,900
£ 5,000
R 97,250
£ 10,000
R 194,500
£ 50,000
R 972,500
£ 100,000
R 1,945,000
More amounts

GBP

ZAR

£ 0.0514
R 1
£ 0.2571
R 5
£ 0.5143
R 10
£ 1.0285
R 20
£ 2.5713
R 50
£ 5.1425
R 100
£ 12.86
R 250
£ 25.71
R 500
£ 51.43
R 1,000
£ 102.85
R 2,000
£ 257.13
R 5,000
£ 514.25
R 10,000
£ 2,571
R 50,000
£ 5,143
R 100,000
More amounts

To calculate specific GBP/ZAR amounts use our Convert GBP to ZAR quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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.

 
Foreign Transfer Providers Receive ZAR(R)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
95,550 R
Best Overall
19.1101.73%
OFX logo
95,400 R
R150 less
19.08£0^1.88%
WorldFirst logo
96,750 R
R1,200 more
19.3500.49%
HSBC logo
93,360 R
R2,190 less
18.7£7.53.98%
Natwest Bank logo
92,871 R
R2,679 less
18.63154.48%
Citibank International Money Transfers
Citibank logo
92,428 R
R3,122 less
18.53124.94%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
92,424 R
R3,126 less
18.54154.94%
Santander International Money Transfers
Santander logo
91,931 R
R3,619 less
18.46205.45%
Lloyds TSB logo
91,532 R
R4,018 less
18.38205.86%
 
TorFX logo
TorFX: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:19.11 (1.73% from mid-rate)
To Amount (ZAR)95,550 R
Total Cost:1.73%
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
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:19.08 (1.88% from mid-rate)
To Amount (ZAR)95,400 R
Total Cost:1.88%
Difference:
R150 ZAR less than using TorFX
Time:
Rate Fetched: Sat Feb 22 2020 05:09:49 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:19.35 (0.49% from mid-rate)
To Amount (ZAR)96,750 R
Total Cost:0.49%
Difference:
R1,200 ZAR more than using TorFX
Time:6:03 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:18.7 (3.83% from mid-rate)
To Amount (ZAR)93,360 R
Total Cost:3.98%
Difference:
R2,190 ZAR less than using TorFX
Time:6:03 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:18.63 (4.19% from mid-rate)
To Amount (ZAR)92,871 R
Total Cost:4.48%
Difference:
R2,679 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:12
Exchange Rate:18.53 (4.71% from mid-rate)
To Amount (ZAR)92,428 R
Total Cost:4.94%
Difference:
R3,122 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:18.4 (5.38% from mid-rate)
To Amount (ZAR)92,424 R
Total Cost:4.94%
Difference:
R3,126 ZAR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Santander logo
Santander: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:18.46 (5.07% from mid-rate)
To Amount (ZAR)91,931 R
Total Cost:5.45%
Difference:
R3,619 ZAR less than using TorFX
Time:6:03 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:18.38 (5.48% from mid-rate)
To Amount (ZAR)91,532 R
Total Cost:5.86%
Difference:
R4,018 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
Foreign Transfer Providers Receive ZAR(R)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
95,550 R
Best Overall
19.1101.73%
OFX logo
95,400 R
R150 less
19.08£0^1.88%
WorldFirst logo
96,750 R
R1,200 more
19.3500.49%
HSBC logo
93,360 R
R2,190 less
18.7£7.53.98%
Natwest Bank logo
92,871 R
R2,679 less
18.63154.48%
Citibank International Money Transfers
Citibank logo
92,428 R
R3,122 less
18.53124.94%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
92,424 R
R3,126 less
18.54154.94%
Santander International Money Transfers
Santander logo
91,931 R
R3,619 less
18.46205.45%
Lloyds TSB logo
91,532 R
R4,018 less
18.38205.86%
 
TorFX logo
TorFX: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:19.11 (1.73% from mid-rate)
To Amount (ZAR)95,550 R
Total Cost:1.73%
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
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:19.08 (1.88% from mid-rate)
To Amount (ZAR)95,400 R
Total Cost:1.88%
Difference:
R150 ZAR less than using TorFX
Time:
Rate Fetched: Sat Feb 22 2020 05:09:49 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:
Exchange Rate:19.35 (0.49% from mid-rate)
To Amount (ZAR)96,750 R
Total Cost:0.49%
Difference:
R1,200 ZAR more than using TorFX
Time:6:03 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:18.7 (3.83% from mid-rate)
To Amount (ZAR)93,360 R
Total Cost:3.98%
Difference:
R2,190 ZAR less than using TorFX
Time:6:03 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:18.63 (4.19% from mid-rate)
To Amount (ZAR)92,871 R
Total Cost:4.48%
Difference:
R2,679 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:12
Exchange Rate:18.53 (4.71% from mid-rate)
To Amount (ZAR)92,428 R
Total Cost:4.94%
Difference:
R3,122 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:18.4 (5.38% from mid-rate)
To Amount (ZAR)92,424 R
Total Cost:4.94%
Difference:
R3,126 ZAR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Santander logo
Santander: Foreign Transfer GBP→ZAR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:18.46 (5.07% from mid-rate)
To Amount (ZAR)91,931 R
Total Cost:5.45%
Difference:
R3,619 ZAR less than using TorFX
Time:6:03 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:18.38 (5.48% from mid-rate)
To Amount (ZAR)91,532 R
Total Cost:5.86%
Difference:
R4,018 ZAR less than using TorFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

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 Providers Amount ZAR(R)Exchange RateFee GBPTotal CostDeal Links
Travelex Online UK logo
18,782 R
Best Overall
18.7817£0^3.41%
Post Office Money Foreign Currency
Post Office Money logo
18,630 R
R152 less
18.6304.2%
Citibank Foreign Currency
Citibank logo
18,295 R
R487 less
18.48£105.92%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
18,139 R
R643 less
18.35£106.72%
Lloyds TSB logo
18,117 R
R665 less
18.3£106.83%
Santander Foreign Currency
Santander logo
18,117 R
R665 less
18.3£106.83%
Natwest Bank logo
18,026 R
R756 less
18.3£157.3%
 
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:18.7817 (3.41% from mid-rate)
To Amount (ZAR)18,782 R
Total Cost:3.41%
Time:
Rate Fetched: Sat Feb 22 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Post Office Money logo
Post Office Money: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:0
Exchange Rate:18.63 (4.19% from mid-rate)
To Amount (ZAR)18,630 R
Total Cost:4.2%
Time:6:03 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Travel Money GBP→ZAR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:18.48 (4.97% from mid-rate)
To Amount (ZAR)18,295 R
Total Cost:5.92%
Time:6:03 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:18.3 (5.89% from mid-rate)
To Amount (ZAR)18,139 R
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:18.3 (5.89% from mid-rate)
To Amount (ZAR)18,117 R
Total Cost:6.83%
Time:6:03 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:18.3 (5.89% from mid-rate)
To Amount (ZAR)18,117 R
Total Cost:6.83%
Time:6:03 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:18.3 (5.89% from mid-rate)
To Amount (ZAR)18,026 R
Total Cost:7.3%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

Country Guides (GBP & ZAR)

United KingdomUnited Kingdom (GBP)United 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 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.

Pound Sterling (GBP)

With the Bank of England holding interest rates steady amid signs of a recovery in the health of the UK economy following the general election, the pound is showing strength against most currencies early in 2020.

In the post UK election euphoria the pound rose to over 1.33 USD and 1.20 EUR but has since dropped back over the uncertainty of what sort of trade deal the UK can realistically negotiate with Europe over the next 11 months.

GBP has given up all of those election result gains as Mr Johnson pledged to outlaw any extension to the UK’s post-Brexit transition period at the end of next year. It appears the Brexit volatility in the pound is set to continue for the foreseable future.

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.


How to get Best GBP to ZAR Exchange Rates

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 a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the GBP to ZAR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*GBP/ZARDate
1 Day-0.2%19.479420 Feb 2020
7 Day-0.1%19.454514 Feb 2020
30 Day+3.1%18.854722 Jan 2020
3 Month+2.8%18.907723 Nov 2019
1 Year+6.3%18.284821 Feb 2019
5 Year+8.6%17.889322 Feb 2015
10 Year+63.3%11.900523 Feb 2010

*For period to 21-Feb 21UTC when GBP/ZAR was 19.4333

When is the best time to exchange GBP to ZAR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all GBP Exchange Rates