Historic Botswana pula South African rand

Botswana pula south african rand history since 29/03/2024 until today (0 years). Search for BWP to ZAR exchange rate history for a particular date, month or year.

The Botswana pula is the currency of Botswana (supplied by Bank of Botswana and the currency supplied by South African Reserve Bank. The BWP ZAR historical data can be seen on the Botswana pula south african rand historical chart.

01 March 20241 BWP = 1.405 ZAR
04 March 20241 BWP = 1.405 ZAR
05 March 20241 BWP = 1.400 ZAR
06 March 20241 BWP = 1.397 ZAR
07 March 20241 BWP = 1.389 ZAR
08 March 20241 BWP = 1.391 ZAR
11 March 20241 BWP = 1.402 ZAR
12 March 20241 BWP = 1.371 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

23/08/2005: Currency Devaluation

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

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.