Convert 700 Botswanan Pula (BWP) to Chinese Yuan (CNY)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Botswanan Pula (BWP) to Chinese Yuan (CNY) , a table containing most common conversions and a chart with the pair's evolution.
The Botswanan Pula (BWP) to Chinese Yuan (CNY) 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 Chinese Yuan on 11/21/2024 is 1 BWP = 0.5297 CNY - 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 Chinese Yuan (CNY)
CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.
