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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 actual GBP-ZAR rate is currently quite close to its lowest value of the last fourteen days. Its minimal level during this timeframe was GBP 1 = ZAR 18.6867 (only 0.37% lower than its actual value of GBP 1 = ZAR 18.7554), attained yesterday at 11:28 PM. The stark difference between the actual low level of the GBP-ZAR exchange rate and the highest level (GBP 1 = ZAR 19.8353) observed during the last two weeks means that, for example, transferring 3,500 GBP now gives you approximately 3,780 ZAR less than if you had transferred money at the most advantageous moment of the past fourteen days, which was on September 10.