Botswana pula · BWP
P symbol · 1 country currently using this currency.
Currency info
Adopted: 1976
Currency family: Other
The pula is one of Africa's strongest and most stable currencies, reflecting Botswana's economic management and diamond wealth.
- Introduced on September 23, 1976, replacing the South African rand following Botswana's independence
- Name 'pula' means 'rain' in Setswana, reflecting the importance of rainfall in this semi-arid nation
- Initially pegged to a basket of currencies, later managed as a controlled float
- Subdivided into 100 thebe, with thebe meaning 'shield' in Setswana
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
South African rand