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GBP Profile
Name: Pound sterling
Symbol: £
Minor Unit: 1/100 penny
Central Bank: Bank of England
Rank in the most traded currencies: #4
ZAR Profile
Name: South African rand
Symbol: R
Minor Unit: 1/100 Cent
Central Bank: South African Reserve Bank
Country(ies): Lesotho, Namibia, South Africa
Rank in the most traded currencies: #20
Today's GBP-ZAR commentary
Comparing the highs and lows of the GBP-ZAR mid-market exchange rate, we can see a very big difference (exactly 5.24%) between the maximum value of GBP 1 = ZAR 19.2582 recorded on June 7 and the lowest value of GBP 1 = ZAR 18.2498 attained on June 4. A difference like the one we are talking about here means that if you were transferring 3,000 GBP on June 7 you would have received 3,025 ZAR more than on June 4.