Western Union ZAR to GBP Exchange Rates & Currency Deals
ZAR-GBP Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Western Union currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
ZAR to GBP Market Data
South African rand (ZAR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bearish-to-range-bound, as USD/GBP sits below its longer-term average and in the lower half of the three-month range, with limited near-term upside.
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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ZAR to GBP 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 South African rand are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
What is the
best Send Money conversion rate for ZAR to GBP?
The best ZAR to GBP exchange rate is 0.0453 from OFX . This is -0.46% compared to the mid-market rate 0.045511.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
South African rand (ZAR) to British pound (GBP) rates from different sources before making a conversion.
The above
Western Union - Rand to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest ZAR-GBP mid-rate and the possible savings of using various providers.
How do Western Union ZAR-GBP rates compare between providers?
Looking at the full
ZAR to GBP - Send Money comparison table the provider with the best ZAR to GBP exchange rate is OFX at 0.0453, -0.46% from the latest mid-market rate 0.045511.
The next best is XE at 0.0452, -0.68% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like Western Union or platforms that offer rates closer to the mid-market rate.