Latest News with Exchange Rates tag

South African Rand Devaluation

4th January 2016

The South African Rand has fallen to an all-time low against not just the US Dollar but against many of its other counterparts, including the British pound.  The dramatic depreciation of the Rand started at the end of 2010 but the devaluation has aggressively picked up during this past year.  Living in South Africa as […]

The Effect of Currency Exchange Rates on Expats

28th December 2015

One of the critical issues that many expats need to deal with is the constant battle with the currency exchange rate movements.  With more than 200,000 British expats living in South Africa, large sums of money are transferred between the two countries and between the South African Rand and the British Pound.  Many of the […]