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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
The GBP-ZAR exchange rate is at the moment close to its maximal value of the past fourteen days. The maximal value we saw during this period was GBP 1 = ZAR 18.245 (0.87% higher than its current level of GBP 1 = ZAR 18.0866), reached last Tuesday. This current high value of the GBP-ZAR rate is in stark contrast with the recent much lower level (GBP 1 = ZAR 17.3406) recorded on December 4, when a transfer of 4,000 GBP for example only gave you 69,362.45 ZAR (the same amount converts to 72,346.56 ZAR at the moment).