Botswana pula

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Image:2pula.png	Image:2pulab.png
Obverse of 2 pula (1980s)	Reverse of 2 pula (1980s)

ISO 4217 Code BWP

User(s) Botswana

Inflation 10.7%

Source Bank of Botswana, August 2006

Subunit

1/100 thebe

Symbol P

Coins 5, 10, 25, 50 thebe, 1, 2, 5 pula

Banknotes 10, 20, 50, and 100 pula

Central bank

Bank of Botswana

Website www.bankofbotswana.bw

The pula is the currency of Botswana. Pula literally means "rain" in Setswana, because rain is very scarce in Botswana - home to much of the Kalahari Desert - and therefore valuable. The pula is divided into 100 thebe (lit. "shield"). The pula was introduced in 1976, replacing the South African rand at par. Despite a 12% devaluation in May 2005, the pula remains one of the strongest currencies in Africa.

[edit] Coins

Coins in current use are in denominations of 5, 10, 25 and 50 thebe, 1, 2 and 5 pula. 1 and 2 thebe coins have been withdrawn from circulation.

Image:Botswana 2006 circulating coins.jpg

[edit] Banknotes

Banknotes in ciculation are the 10, 20, 50 and 100 pula. According to a press release<ref>Nachthund on behalf of Bank of Botswana (2006-02-06). Demonetization of P1, P2 and P5 Banknotes. Retrieved on 2006-07-31.</ref>, the old 1, 2 and 5 pula banknotes were demonitized on July 1, 2006, but can be exchanged at the central bank for 5 years.

Current BWP exchange rates

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[edit] References

Preceded by: South African rand Reason: creation of independent currency Ratio: at par	Currency of Botswana 1976 –	Succeeded by: Current

Currencies of Africa
North	Algerian dinar \| Euro (Plaza de soberanía) \| Egyptian pound \| Libyan dinar \| Mauritanian ouguiya \| Moroccan dirham \| Sudanese dinar \| Sudanese pound \| Tunisian dinar
Central	Angolan kwanza \| Burundian franc \| Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) \| Congolese franc \| Rwandan franc
West	Cape Verdean escudo \| Euro ( Canary Islands, Madeira) \| Gambian dalasi \| Ghanaian cedi \| Guinean franc \| Liberian dollar \| Nigerian naira \| São Tomé and Príncipe dobra \| Sierra Leonean leone \| West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East	Comorian franc \| Djiboutian franc \| Eritrean nakfa \| Ethiopian birr \| Kenyan shilling \| Seychelles rupee \| Somali shilling \| Somaliland shilling \| Tanzanian shilling \| Ugandan shilling
South	Botswana pula \| Euro (Mayotte, Réunion) \| Lesotho loti \| Malawian kwacha \| Malagasy ariary \| Mauritian rupee \| Mozambican metical \| Namibian dollar \| Saint Helena pound \| South African rand \| Swazi lilangeni \| Zambian kwacha \| Zimbabwean dollar
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