01/10/2018: Introduction of New Coins
Botswana introduces a new series of coins, featuring updated designs and enhanced durability.
06/09/2018: Announcement of new dinar notes
The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.
01/08/2014: Currency Redenomination
Botswana redenominates the Pula, dividing it into 1000 Thebe to simplify calculations and reduce the use of smaller denominations.
28/07/2014: Recognition of rival governments
The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.
17/02/2011: Start of the Libyan Civil War
The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.
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%.
07/04/1986: US imposes economic sanctions
The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.
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.
02/03/1978: Establishment of the Central Bank of Libya
The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.
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.
08/09/1971: Introduction of the Libyan dinar
The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.
24/12/1951: Independence of Libya
Libya gains independence from Italy, introducing the Libyan pound as its currency.