Convert 533 Botswanan Pula (BWP) to Swiss Franc (CHF)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Botswanan Pula (BWP) to Swiss Franc (CHF) , a table containing most common conversions and a chart with the pair's evolution.
The Botswanan Pula (BWP) to Swiss Franc (CHF) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Botswanan Pula and Swiss Franc on 11/23/2024 is 1 BWP = 0.0654 CHF - AVERAGE intraday quotes were used for this currency conversion.
The Botswana pula (BWP) was first circulated in 1976, is the official currency of Botswana and an unofficial backup currency to Zimbabwe. Zimbabwe abandoned their own currency in September 2008 officially for the South African rand, but unofficially accepting the BWP. Each pula is subdivided into 100 thebe.
The BWP is controlled by the central bank of Botswana known as the Bank of Botswana who issues coins in denominations of 5, 10, 25, and 50 thebe and 1, 2, 5 pula as well as banknotes in 10, 20, 50, 100 and 200 pula denominations.
Interestingly the word pula is translated as "rain" or "blessing", which in a desert country such as Botswana is oftentimes looked upon as the same. Thebe can be translated to mean "shield".
About Swiss Franc (CHF)
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
