Historic South African rand Botswana pula

South African rand botswana pula history for November 2023. The highest quote for this month is 0.72742 (15/11/2023) and the lowest 0.73575 (14/11/2023). The difference between high and low is -1.15.

ZAR BWP average rate for November 2023 is 0.72182, the change between 01/11/2023 and 30/11/2023 is +1.99 %.

01 November 20231 ZAR = 0.7240 BWP
02 November 20231 ZAR = 0.7315 BWP
03 November 20231 ZAR = 0.7259 BWP
06 November 20231 ZAR = 0.7267 BWP
07 November 20231 ZAR = 0.7258 BWP
08 November 20231 ZAR = 0.7283 BWP
09 November 20231 ZAR = 0.7245 BWP
10 November 20231 ZAR = 0.7203 BWP
13 November 20231 ZAR = 0.7174 BWP
14 November 20231 ZAR = 0.7226 BWP
15 November 20231 ZAR = 0.7392 BWP
16 November 20231 ZAR = 0.7283 BWP
17 November 20231 ZAR = 0.7238 BWP
20 November 20231 ZAR = 0.7201 BWP
21 November 20231 ZAR = 0.7253 BWP
22 November 20231 ZAR = 0.7132 BWP
23 November 20231 ZAR = 0.7089 BWP
24 November 20231 ZAR = 0.7137 BWP
27 November 20231 ZAR = 0.7137 BWP
28 November 20231 ZAR = 0.7172 BWP
29 November 20231 ZAR = 0.7202 BWP
30 November 20231 ZAR = 0.7096 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.