South African rand botswana pula exchange rate history (ZAR BWP) August 2023

South African rand botswana pula history for August 2023. The highest quote for this month is 0.71541 (30/08/2023) and the lowest 0.72849 (01/08/2023). The difference between high and low is -1.83.

ZAR BWP average rate for August 2023 is 0.7119, the change between 01/08/2023 and 31/08/2023 is +1.77 %.

01 August 2023	1 ZAR = 0.7254 BWP
02 August 2023	1 ZAR = 0.7165 BWP
03 August 2023	1 ZAR = 0.7151 BWP
04 August 2023	1 ZAR = 0.7114 BWP
07 August 2023	1 ZAR = 0.7169 BWP
08 August 2023	1 ZAR = 0.7097 BWP
09 August 2023	1 ZAR = 0.7054 BWP
10 August 2023	1 ZAR = 0.7064 BWP
11 August 2023	1 ZAR = 0.7074 BWP
14 August 2023	1 ZAR = 0.7081 BWP
15 August 2023	1 ZAR = 0.7039 BWP
16 August 2023	1 ZAR = 0.7048 BWP
17 August 2023	1 ZAR = 0.7021 BWP
18 August 2023	1 ZAR = 0.7066 BWP
21 August 2023	1 ZAR = 0.7077 BWP
22 August 2023	1 ZAR = 0.7087 BWP
23 August 2023	1 ZAR = 0.7131 BWP
24 August 2023	1 ZAR = 0.7242 BWP
25 August 2023	1 ZAR = 0.7084 BWP
28 August 2023	1 ZAR = 0.7173 BWP
29 August 2023	1 ZAR = 0.7205 BWP
30 August 2023	1 ZAR = 0.7214 BWP
31 August 2023	1 ZAR = 0.7126 BWP

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.

Historic South African rand Botswana pula