pulas

Pulas是波札那的貨幣,它的原意是“雨”,因為波札那地處南部非洲,氣候所致,雨水非常稀缺,所以雨在波札那是非常珍貴的。

Botswana pula

Obverse of 2 pula (1980s) Reverse of 2 pula (1980s)

ISO 4217 Code BWP

User(s) Botswana

Inflation 8.4%

Source Bank of Botswana, 19 February 2008

Method CPI

Subunit

1/100 thebe

Symbol P

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

Banknotes 10, 20, 50, and 100 pula

Central bank Bank of Botswana

Website www

The pula is the currency of Botswana. It has the ISO 4217 code BWP and is subdivided into 100 thebe. Pula literally means "rain" in Setswana, because rain is very scarce in Botswana - home to much of the Kalahari Desert - and therefore valuable. Pula also means "blessing" as rain is a blessing to these desert people. Thebe means "shield".

History

The pula was introduced in 1976, replacing the South African rand at par. Despite a 12% devaluation in May 2005, the pula remains one of the strongest currencies in Africa.

Coins

All coins of the pulaIn 1976, coins were introduced in denominations of 1, 5, 10, 25 and 50 thebe and 1 pula. The 1 thebe was struck in aluminium, with the 5 thebe in bronze and the others in cupro-nickel. These coins were round except for the scalloped 1 pula. Bronze, dodecagonal 2 thebe coins were introduced in 1981, but discontinued after 1985. In 1991, bronze-plated steel replaced bronze in the 5 thebe, nickel-plated steel replaced cupro-nickel in the 10, 25 and 50 thebe and the 1 pula changed to a smaller, nickel-brass, equilateral-curve seven-sided coin. A similarly shaped, nickel-brass 2 pula was introduced in 1994. In 1998, following the withdrawal of the 1 and 2 thebe, smaller 5, 10, 25 and 50 thebe coins were introduced, with the 5 and 25 thebe coins being seven-sided and the 10 and 50 thebe coins remaining round. A bimetallic 5 pula was introduced in 2000 composed of a copper-nickel center in a brass ring.

Banknotes

In 1976, the Bank of Botswana introduced notes in denominations of 1, 2, 5, 10 and 20 pula. The 1 and 2 pula notes were replaced by coins in 1991 and 1994, whilst 50 and 100 pula notes were introduced in 1992 and 1993, respectively. The 5 pula note was replaced by a coin in 2000. According to a press release[1], the old 1, 2 and 5 pula banknotes were demonetized on July 1, 2006, but can be exchanged at the central bank for 5 years.

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