Understanding the Table:
The comparison table above helps you see the total cost of your Nationwide Building Society 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’.
The Nationwide Building Society GBP to ZAR exchange rate is 22.64. This is -5.5% compared to the latest GBP-ZAR mid-market rate 23.95.
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 Nationwide Building Society - Sterling to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Nationwide Building Society and other foreign exchange providers against the latest GBP-ZAR mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best GBP to ZAR exchange rate is 23.84 from Wise, -0.46% from the mid-market rate 23.95. The next best rate is 23.83 from OFX, -0.5% from the mid-rate. Then XE with 23.8 is -0.63% from the mid-rate.
The Western Union rate is 23.71 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 22.64 at -5.5% the Royal Bank of Scotland rate is 22.79 at -4.8% and the Barclays Bank rate is 23.11 at -3.5% compared to the mid-rate 23.95.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Nationwide Building Society 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 current exchange rate for GBP to ZAR has reached 60-day lows near 23.90, reflecting a downward trend that places it 1.5% below its three-month average of 24.27.
The GBP to USD exchange rate has recently been influenced by various political and economic developments.
The recent performance of the USD to ZAR exchange rate suggests a mixed outlook influenced by both domestic and international factors.
View a full list of exchange rates by selecting your Base (from) currency: