CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Trade British Pound / South African Rand CFD

22.65207
0.47%
Market Trading Hours* (UTC) Open now
Closes on Friday at 21:59

Mon - Thu: 00:00 - 21:59 22:05 - 00:00

Fri: 00:00 - 21:59

Sun: 22:00 - 00:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.01907
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.01112 %
Charges from full value of position ($-5.56)
Trade size with leverage ~ $50,000.00
Money from leverage ~ $49,000.00

Go to platform
-0.01112%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment 0.0029 %
Charges from full value of position ($1.45)
Trade size with leverage ~ $50,000.00
Money from leverage ~ $49,000.00

Go to platform
0.0029%
Overnight fee time 22:00 (UTC)
Min traded quantity 500
Currency ZAR
Margin 2.00%
Commission on trade 0%

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Nov 22, 2024 22.75946 -0.00061 -0.00% 22.76007 22.78729 22.74260
Nov 21, 2024 22.75907 -0.15074 -0.66% 22.90981 22.98274 22.70129
Nov 20, 2024 22.90844 0.02607 0.11% 22.88237 23.00706 22.84954
Nov 19, 2024 22.88237 0.14596 0.64% 22.73641 22.92994 22.70521
Nov 18, 2024 22.73606 -0.16728 -0.73% 22.90334 22.94349 22.69905
Nov 17, 2024 22.90292 -0.03529 -0.15% 22.93821 22.95996 22.76425
Nov 15, 2024 22.92887 -0.20728 -0.90% 23.13615 23.17930 22.84898
Nov 14, 2024 23.13306 -0.01993 -0.09% 23.15299 23.24233 23.04433
Nov 13, 2024 23.15297 0.10137 0.44% 23.05160 23.21470 22.86016
Nov 12, 2024 23.05105 -0.00123 -0.01% 23.05228 23.20686 23.02153
Nov 11, 2024 23.04895 0.30762 1.35% 22.74133 23.13795 22.66837
Nov 10, 2024 22.74098 0.01152 0.05% 22.72946 22.74614 22.66942
Nov 8, 2024 22.68077 0.23862 1.06% 22.44215 22.76412 22.41633
Nov 7, 2024 22.44211 -0.29551 -1.30% 22.73762 22.77410 22.38473
Nov 6, 2024 22.68843 0.02167 0.10% 22.66676 22.95569 22.62534
Nov 5, 2024 22.65520 -0.00880 -0.04% 22.66400 22.72568 22.58850
Nov 4, 2024 22.66080 -0.06780 -0.30% 22.72860 22.80913 22.64231
Nov 3, 2024 22.72984 -0.04663 -0.20% 22.77647 22.77647 22.63627
Nov 1, 2024 22.77827 0.09181 0.40% 22.68646 22.83863 22.66662
Oct 31, 2024 22.68646 -0.15624 -0.68% 22.84270 23.04393 22.63566

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission
0
  • 1:1
Leverage
1:1
  • 20
  • 100
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Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

GBP/ZAR

The base currency – GBP. The counter currency – ZAR. The GBP to ZAR chart is the British pound to the South African rand currency pair. It reflects how much the GBP is worth when measured against the ZAR. The GBP/ZAR is an exotic currency pair that is not traded as often as the majors, however still enjoys popularity among traders. Representing the largest global financial centre, the British pound is appreciated as one of the premier reserve currencies. South Africa is a middle-income emerging market and the largest global producer of gold, platinum and chromium. ZAR has relatively high interest rate, which makes it a popular trading currency. Follow the GBP to ZAR rates and explore this noteworthy trade vehicle.

News

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Australian jobs data expected to point to solid labour market conditions

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10:16, 13 November 2024

FOMC cuts interest rates as expected and sticks to its line on future policy

The FOMC cut interest rates by 25 basis points at its November meeting, aligning with expectations. Wall Street hit record highs following the decision, with tech stocks leading the rally. Markets are pricing in a probable December cut amid resilient economic indicators.

13:33, 8 November 2024

FOMC and BOE preview: further rate cuts expected

Both the Federal Reserve and the Bank of England are expected to cut rates further when they meet later this week.

14:14, 5 November 2024

RBA meeting preview: No change to policy expected as inflation fight continues

The Reserve Bank of Australia is expected to keep its cash rate on hold at 4.35% when it announces its policy decision at 2.30PM on the 5th of November, 2024. Despite ongoing evidence of soft demand, upside risks to inflation are likely to remain the central bank’s primary concern.

13:35, 4 November 2024

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