01/10/2018: Introduction of New Coins
Botswana introduces a new series of coins, featuring updated designs and enhanced durability.
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.
10/09/2008: Introduction of Birr Denominations
Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.
23/08/2005: Currency Devaluation
Botswana allows the Pula to float freely against other currencies, resulting in a devaluation of approximately 12%.
27/05/1991: Introduction of Birr Coins
Ethiopia introduced coins for the birr denominations, replacing the previous notes.
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.
17/09/1976: Introduction of New Birr
A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.
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.
08/07/1945: Decree to Change Birr Decimalization
Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.
31/12/1931: Introduction of Ethiopian birr
The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.
05/07/1931: Ethiopian Monetary Authority Established
The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.
14/02/1894: Introduction of Maria Theresa Thaler
Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.