15/04/2019: Coronation of King Rama X
King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.
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.
19/09/2006: 2006 Thai coup d'état
The military staged a coup overthrowing the government, causing political instability and affecting the currency.
23/08/2005: Currency Devaluation
Botswana allows the Pula to float freely against other currencies, resulting in a devaluation of approximately 12%.
02/07/1997: Asian Financial Crisis
The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.
31/12/1980: Currency Board Established
The Bank of Botswana establishes a Currency Board, which manages the issuance and distribution of the Pula.
01/01/1980: Currency Floatation
The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.
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.
14/10/1973: October 14 Uprising
A popular uprising against the military dictatorship led to political reforms and an increase in public participation.
01/01/1942: Japanese Occupation
During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.
24/06/1932: Siamese Revolution
The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.