Botswanan Pula (BWP) Exchange Rates on 07th December 2019 (07/12/2019)

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Exchange rates for Botswanan Pula (BWP)

Updated: 2019-12-07
Convert from Convert to 1 BWP Conversion in currency Conversion
BWP BHD 0 BWP to BHD 0 BHD to BWP
BWP EGP 0 BWP to EGP 0 EGP to BWP
BWP HKD 0 BWP to HKD 0 HKD to BWP
BWP ILS 0 BWP to ILS 0 ILS to BWP
BWP JOD 0 BWP to JOD 0 JOD to BWP
BWP KWD 0 BWP to KWD 0 KWD to BWP
BWP LBP 0 BWP to LBP 0 LBP to BWP
BWP OMR 0 BWP to OMR 0 OMR to BWP
BWP QAR 0 BWP to QAR 0 QAR to BWP
BWP SAR 0 BWP to SAR 0 SAR to BWP
BWP AED 0 BWP to AED 0 AED to BWP
BWP YER 0 BWP to YER 0 YER to BWP
Updated: 2019-12-07
Convert from Convert to 1 BWP Conversion in currency Conversion
BWP DZD 0 BWP to DZD 0 DZD to BWP
BWP KES 0 BWP to KES 0 KES to BWP
BWP MUR 0 BWP to MUR 0 MUR to BWP
BWP MAD 0 BWP to MAD 0 MAD to BWP
BWP NAD 0 BWP to NAD 0 NAD to BWP
BWP NIO 0 BWP to NIO 0 NIO to BWP
BWP NGN 0 BWP to NGN 0 NGN to BWP
BWP SLL 0 BWP to SLL 0 SLL to BWP
BWP ZAR 0 BWP to ZAR 0 ZAR to BWP
BWP TZS 0 BWP to TZS 0 TZS to BWP
BWP TND 0 BWP to TND 0 TND to BWP
BWP UGX 0 BWP to UGX 0 UGX to BWP
BWP XOF 0 BWP to XOF 0 XOF to BWP
BWP ZMK 0 BWP to ZMK 0 ZMK to BWP



Botswana Pula (BWP)

Sign P
1 Botswana Pula is subdivided into 100 thebes.

BWP is the international currency code for the Botswana pula. The pula is symbolized with a simple "P" therefore 20 pula = P20. Each pula is subdivided into 100 units, each of which is called a thebe. The monetary policy, minting, and issuance of the BWP is controlled by the Bank of Botswana. This bank, the central bank for Botswana, was established in 1975 when Botswana severed ties with the Rand Monetary Area and set on its own path of central bank and currency independence. The BWP began circulation in 1975. Today the BWP is the official currency of Botswana but it is also accepted and used unofficially in many parts of Zimbabwe.

Coins used:
5, 10, 25, 50 thebe, 1, 2, 5 pula

Banknotes used:
10, 20, 50, 100 and 200 pula

Central Bank
Bank of Botswana
http://www.bankofbotswana.bw
The circulation within Zimbabwe became increasingly popular when Zimbabwe, in an attempt to combat hyperinflation abandoned their own local currency, officially for the South African rand, and unofficially for the BWP. This was a sign of faith in the BWP and the Bank of Botswana which is a unique event considering Botswana had inflation issues of their own from the time of BWP issuance in 1975 through 2005 when it was devalued by 12%. Even though these events have occurred, the fact is that the BWP is one of the stronger African currencies and a 12% devaluation is relatively insignificant given the massive devaluations of other currencies that have rocked currency markets in the past decades.

The Bank of Botswana mints coins in 5, 10, 25, and 50 thebe and 1, 2, and 5 pula denominations. Banknotes are issued in denominations of 10, 20, 50, 100 and 200 pula. Prior to July 2011 there were official 1,2, and 5 pula banknotes in circulation, but these were abandoned as of that date and officially demonetized.

Other References
Wikipedia article on Botswana Pula
XE.com Live Currency Converter for BWP

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