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Encyclopedia > Botswana pula
Botswana pula
Obverse of 2 pula (1980s) Reverse of 2 pula (1980s)
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. 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. Image File history File links 2pula. ... Image File history File links 2pulab. ... The Bank of Botswana is the central bank of Botswana. ... Tswana, also known as Setswana, is a Bantu language. ... Rain falling Rain is a form of precipitation, other forms of which include snow, sleet, hail, and dew. ... The Kalahari Desert is a large arid to semi-arid sandy area in southern Africa extending 900,000 km², covering much of Botswana and parts of Namibia and South Africa, as semi-desert, with huge tracts of excellent grazing after good rains. ... ISO 4217 Code ZAR User(s) Common Monetary Area: Lesotho, Namibia, South Africa, and Swaziland Inflation 5. ...


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Coins in current use are in denominations of 5, 10, 25 and 50 thebe, 1, 2 and 5 pula. 1 and 2 thebe coins have been withdrawn from circulation.

All coins of the pula
All coins of the pula


Image File history File links Download high-resolution version (1000x349, 129 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Botswana pula ... Image File history File links Download high-resolution version (1000x349, 129 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Botswana pula ...


Banknotes

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. July 1 is the 182nd day of the year (183rd in leap years) in the Gregorian Calendar, with 183 days remaining. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ...

Current BWP exchange rates
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References

  1. ^ Nachthund on behalf of Bank of Botswana (2006-02-06). Demonetization of P1, P2 and P5 Banknotes. Retrieved on 2006-07-31.
  • Tables of Modern Monetary History: Botswana
  • Global Financial Data currency histories table
Preceded by:
South African rand
Reason: creation of independent currency
Ratio: at par
Currency of Botswana
1976
Succeeded by:
Current

  Results from FactBites:
 
Botswana - Wikipedia, the free encyclopedia (2471 words)
Botswana is dominated by the Kalahari Desert, which covers up to 70% of the land surface of the country.
Botswana's impressive economic record has been built on the foundation of wisely using revenue generated from diamond mining to fuel economic development through prudent fiscal policies and a cautious foreign policy.
Botswana seeks to further diversify its economy away from minerals, which account for a third of GDP, down from nearly half of GDP in the early 1990's.
UB History and Archaeology Publications (2702 words)
In the colonial era the Kalahari sandveld and its margins were not perceived to be important for palaeontological research or the study of farming societies and states.
Surveys indicate that Botswana was not in fact the marginal frontier to farmer occupation it had been assumed to be.
The University of Botswana's undergraduate history research essay course began in the early 1970s when the Gaborone campus was still a small outpost of the University of Botswana, Lesotho and Swaziland.
  More results at FactBites »

 
 

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