Exchange rates used for currency conversion updated on November 25th 2024 ( 11/25/2024 )
Below you will find the latest exchange rates for exchanging Euro (EUR) to Botswanan Pula (BWP) , a table containing most common conversions and a chart with the pair's evolution.
The Euro (EUR) to Botswanan Pula (BWP) 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 Euro and Botswanan Pula on 11/25/2024 is 1 EUR = 14.2294 BWP - AVERAGE intraday quotes were used for this currency conversion.
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
About Botswanan Pula (BWP)
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".