Botswana pula

From Free net encyclopedia

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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.

Banknotes: P10, P20, P50, P100 Coins: 5t, 10t, 25t, 50t, P1, P2, P5

Despite a 12% devaluation in May 2005, the Pula remains one of the strongest currencies in Africa.

External links

• Bank of Botswana
• Tables of Modern Monetary History: Africa
• Global Financial Data currency histories table

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