ZAR/GBP Exchange Rate Today, Forecast & News

ZAR/GBP
South African Rand - British Pound
Closed
0.04174-0.00021 (-0.50%)
As of: May 31, 2024 22:00 UTC
Open
0.04195
High
0.04218
Low
0.04162

Stats

Prev. Close

0.04195

Open

0.04195

Day's Range

0.04162 - 0.04218

52 Week Range

0.04054 - 0.04471

YTD Change

-2.75%

1 Year Change

2.48%

Economic CalendarAll Events

Time zone: GMT

Friday, May 31st 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	Mortgage LendingApr	Medium	£2.41B	£0.45B	£0.46B
08:30	GBP	BoE Consumer CreditApr	Medium	£0.73B	£1.5B	£1.422B
08:30	GBP	Mortgage ApprovalsApr	Medium	61.14K	61.5K	61.26K
12:00	ZAR	Balance of TradeApr	Medium	ZAR10.47B	ZAR 3.5B	ZAR9.16B

Monday, June 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	S&P Global Manufacturing PMI FinalMay	Medium		51.3	49.1
23:01	GBP	BRC Retail Sales Monitor YoYMay	Medium		1.2%	-4.4%

Tuesday, June 4th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
09:30	ZAR	GDP Growth Rate YoYQ1	Medium		0.5%	1.2%

ZAR/GBP

The South African Rand to British Pound currency pair juxtaposes South Africa's commodity-dependent economy, with its significant mining sector, against the United Kingdom's diversified and finance-oriented economy. The Rand's fluctuations often reflect changes in global commodity prices and domestic economic issues, while the Pound moves with the UK's economic indicators, policy decisions, and the implications of Brexit. The ZAR/GBP exchange rate provides insight into the financial relationship between a leading African economy and a major European financial center.

	South Africa		United Kingdom
Interest Rate	8.25% May 24		5.25% May 24
Inflation Rate	5.2% Apr 24		2.3% Apr 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	Ba2Stable	BB-Stable	Aa3Stable	AAStable

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Currencies

ZAR/GBP

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