Historic Botswana pula South African rand

Botswana pula south african rand history for January 2024. The highest quote for this month is 1.4186 (17/01/2024) and the lowest 1.4062 (22/01/2024). The difference between high and low is 0.87.

BWP ZAR average rate for January 2024 is 1.39603, the change between 01/01/2024 and 31/01/2024 is -1.28 %.

01 January 20241 BWP = 1.375 ZAR
02 January 20241 BWP = 1.376 ZAR
03 January 20241 BWP = 1.404 ZAR
04 January 20241 BWP = 1.393 ZAR
05 January 20241 BWP = 1.396 ZAR
08 January 20241 BWP = 1.394 ZAR
09 January 20241 BWP = 1.386 ZAR
10 January 20241 BWP = 1.392 ZAR
11 January 20241 BWP = 1.394 ZAR
12 January 20241 BWP = 1.397 ZAR
15 January 20241 BWP = 1.391 ZAR
16 January 20241 BWP = 1.395 ZAR
17 January 20241 BWP = 1.403 ZAR
18 January 20241 BWP = 1.411 ZAR
19 January 20241 BWP = 1.401 ZAR
22 January 20241 BWP = 1.407 ZAR
23 January 20241 BWP = 1.415 ZAR
24 January 20241 BWP = 1.394 ZAR
25 January 20241 BWP = 1.403 ZAR
26 January 20241 BWP = 1.401 ZAR
29 January 20241 BWP = 1.393 ZAR
30 January 20241 BWP = 1.396 ZAR
31 January 20241 BWP = 1.393 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.
BWP ZAR January 2024
BWP ZAR February 2024
BWP ZAR March 2024
BWP ZAR April 2024
BWP ZAR May 2024
BWP ZAR June 2024
BWP ZAR July 2024
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BWP ZAR September 2024
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BWP ZAR January 2025