Historic Botswana pula Argentine peso

Botswana pula argentine peso history for March 2024. The highest quote for this month is 63.23 (11/03/2024) and the lowest 63.063 (08/03/2024). The difference between high and low is 0.26.

BWP ARS average rate for March 2024 is 62.43363, the change between 01/03/2024 and 31/03/2024 is -1.33 %.

01 March 20241 BWP = 61.70 ARS
04 March 20241 BWP = 62.06 ARS
05 March 20241 BWP = 62.11 ARS
06 March 20241 BWP = 62.37 ARS
07 March 20241 BWP = 62.58 ARS
08 March 20241 BWP = 63.07 ARS
11 March 20241 BWP = 63.06 ARS
12 March 20241 BWP = 62.52 ARS

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

01/10/2018: Introduction of New Coins

Botswana introduces a new series of coins, featuring updated designs and enhanced durability.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

01/08/2014: Currency Redenomination

Botswana redenominates the Pula, dividing it into 1000 Thebe to simplify calculations and reduce the use of smaller denominations.

05/10/2009: Introduction of New Banknotes

Botswana introduces a new series of banknotes, featuring improved security features and updated designs.

23/08/2005: Currency Devaluation

Botswana allows the Pula to float freely against other currencies, resulting in a devaluation of approximately 12%.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

31/12/1980: Currency Board Established

The Bank of Botswana establishes a Currency Board, which manages the issuance and distribution of the Pula.

17/10/1978: Currency Pegged to a Basket

Botswana pegs the Pula to a basket of currencies, including the South African Rand, British Pound, and US Dollar.

14/09/1976: Introduction of the Pula

Botswana replaces the South African Rand with its own currency, the Pula, at a 1:1 exchange rate.