Sources
Help build the largest human-edited directory on the web.
Submit a site - Become an editor
Wikipedia. Licensed under the GNU Free Documentation License.
Are you an expert in this subject? Join the discussion and share your knowledge at Wikipedia.org.
Botswana pula
From Wikipedia, the free encyclopedia
| Botswana pula | |||||
|
|||||
| ISO 4217 Code | BWP | ||||
|---|---|---|---|---|---|
| User(s) | Botswana | ||||
| Inflation | 8.5% | ||||
| Source | Bank of Botswana, December 2006 | ||||
| Method | CPI | ||||
| 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. Pula also means "blessing" as rain is a blessing to these desert people. 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.
Coins in current use are in denominations of 5, 10, 25 and 50 thebe, 1, 2 and 5 pula. 1 and 2 thebe coins have been withdrawn from circulation.
Banknotes in ciculation are the 10, 20, 50 and 100 pula. According to a press release[1], 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.
| Use Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| Use XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
| Use OANDA.com: | AUD CAD CHF EUR GBP HKD JPY USD |
- ^ Nachthund on behalf of Bank of Botswana (2006-02-06). Demonetization of P1, P2 and P5 Banknotes. Retrieved on 2006-07-31.
| Preceded by: South African rand Reason: creation of independent currency Ratio: at par |
Currency of Botswana 1976 – |
Succeeded by: Current |
 |
This Botswana-related article is a stub. You can help Wikipedia by expanding it. |
 This article about a unit of currency is a stub. You can help Wikipedia by expanding it. |