The comparison table above helps you see the total cost of your 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’.
GBP to ZAR Market Data
British pound (GBP) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to ZAR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the South African rand is to review how the GBP/ZAR rate has changed over time.
The table below shows the percentage change in the GBP to ZAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
#GBPtoZAR hits near 30-day highs at ~24.35 despite UK GDP contraction of 0.3%. Analysts warn Sterling may struggle for direction due to thin UK economic calendar. US 30% tariff on SA goods + oil price surge at 74.23 (10.9% above 3-month avg) could test current stability
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 * :
What is the
best Send Money conversion rate for GBP to ZAR?
The best GBP to ZAR exchange rate is 24.24 from Wise. This is -0.45% compared to the mid-market rate 24.35.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to South African rand (ZAR) rates from different sources before making a conversion.
The above
Sterling to Rand comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-ZAR mid-rate and the possible savings of using various providers.
How do GBP-ZAR rates compare between providers?
Looking at the full
GBP to ZAR - Send Money comparison table the provider with the best GBP to ZAR exchange rate is Wise at 24.24, -0.45% from the latest mid-market rate 24.35.
The next best is OFX at 24.23, -0.49% from the mid-rate.
Then XE at 24.2, which is -0.62% 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
or platforms that offer rates closer to the mid-market rate.
The recent forecast for the GBP to USD exchange rate suggests a complex interplay of economic indicators and geopolitical events affecting both currencies.