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GBP to ZAR Market Data
British pound (GBP) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
GBPZAR remains bearish-to-range-bound, below the 90-day avg and in the lower half of the 3-month range. BoE tighter for longer; SARB easing narrows the gap and supports the rand. UK growth looks weak, keeping downside pressure on GBP amid global uncertainty.
Bias: Bearish-to-range-bound, as GBP/ZAR sits below the ninety-day average and in the lower half of the three-month range.
Key drivers:
- Rate gap: BoE policy remains tighter for longer while SARB has eased, narrowing the gap and lending support to the rand.
- Risk/commodities: Oil remains above its average over the last three months and stays volatile, which tends to dampen risk appetite and bolster the rand in periods of uncertainty.
- Macro factor: UK growth is projected to slow, keeping downward pressure on the pound and offering a cautious backstop for rand strength amid global uncertainty.
Range: The pair is likely to drift toward the upper end of the three-month range, testing the top but staying within bounds for now.
What could change it:
- Upside risk: unexpected UK data weakness or a shift toward a slower BoE rate path could push GBPZAR higher.
- Downside risk: a renewed rand rally on higher metals demand or further SARB easing could push GBPZAR lower
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GBP to ZAR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Currency Guide for South Africa (ZA)
For travelers planning a one-week mid-range stay in South Africa, budgeting between ZAR 12,000 to ZAR 15,000 (about USD 740 to USD 925) should suffice. This amount provides for a comfortable mix of experiences without overspending. Here are some typical daily expenses to keep in mind: 🍽️ A meal at a local restaurant might cost around ZAR 150, ☕ while a cup of coffee could set you back ZAR 30. For public transport, such as a taxi or bus fare, expect to spend about ZAR 30 each ride. If you're planning to stay connected, a prepaid SIM card would cost roughly ZAR 200. Accommodations can vary; a budget hotel or Airbnb is typically around ZAR 800 per night. Overall, South Africa offers an average cost of living for tourists when compared to the United States, where daily expenses can be significantly higher. In contrast to the UK, where costs are generally more elevated due to high prices in major cities like London, South Africa remains an attractive destination for those seeking value for money.
For expats, typical monthly living costs in South Africa will range from ZAR 20,000 to ZAR 30,000, depending on your lifestyle and location. Urban areas like Johannesburg or Cape Town will generally skew higher. When it comes to banking, local ATMs are widely available, but it’s advisable to use international cards that avoid high withdrawal fees. Online money transfer services, such as Wise or OFX, are gaining popularity in South Africa and generally offer better exchange rates than traditional banks, making them advantageous for sending and receiving money. It’s often better to exchange currency locally rather than bringing cash from home, as local rates can be more competitive, especially when using recognized exchanges or reputable online services.
View a full list of exchange rates by selecting your Base (from) currency: