Best GBP to ZAR Exchange Rates - Compare Providers & Save

In this Pound Sterling to South African rand guide:

1 GBP = ZAR

Sell GBP → Buy ZAR

4-DAY▼-2.1%

14-DAY▼LOW

GBP to ZAR at 20.84 has risen 1.4% above its 90-day average, range 19.55-21.74.

08-DEC 2PM-NY 7PM-LON 09-DEC 3AM-HK 6AM-SYD

Track Rate

GBP/ZAR was	Change	Period
21.20 23 Nov 2021	1% ▼	2 Weeks
19.54 08 Sep 2021	7.4% ▲	90 Days
20.25 07 Dec 2020	3.6% ▲	1 Year
17.16 08 Dec 2016	22.3% ▲	5 Years
12.78 10 Dec 2011	64.2% ▲	10 Years
16.12 12 Dec 2001	30.1% ▲	20 Years

GBP/ZAR change over periods to 07-Dec-2021

In late November 2021 the South African rand sunk to 1 year lows above 16 against the US dollar. This was on news of a new variant of the coronavirus called B.1.1.529 being identified in South Africa.

The outlook for the pound as we near the end of the year is increasingly uncertain due to rising inflation, slowing growth and unemployment, the combination of which creates a nightmare scenario for the Bank of England Monetary Policy Committee. GBP Outlook

4-DAY▼-2.1%

14-DAY▼LOW

GBP to ZAR - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

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Provider	Amounts	Rate	Cost

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest GBP to ZAR Exchange Rate (shown above) or a transaction fee and often both!

How to get a good GBP to ZAR Exchange Rate

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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to South Africa.

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.

Rate Tracker

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

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.