The pula is the currency of Botswana. It has the ISO 4217 code BWP and is subdivided into 100 thebe. Pula literally means "rain" in Setswana, because rain is very scarce in Botswana—home to much of the Kalahari Desert— playing a major role in rites of traditional Tswana belief; therefore valuable and the word extends its meaning as "blessing" or "fortune". The word also serves as the national motto of the country.
A sub-unit of the currency is known as thebe, or "shield", (Memoirs of a former president of Botswana) and represents defence. The names were picked with the help of the public.
At its introduction, the pula was pegged to the US dollar. In January 1979, the pula was changed to a floating, unpegged currency. Since June 1980, it has been pegged to a basket of currencies that reflects the country's trading patterns, comprising the South African rand and the International Monetary Fund's special drawing rights.
Following the withdrawal of the 1 and 2 thebe in 1991 and 1998 respectively, smaller 5, 10, 25 and 50 thebe coins were introduced, with the 5 and 25 thebe coins being seven-sided and the 10 and 50 thebe coins remaining round. A bimetallic 5 pula depicting a Imbrasia belina and a branch of the mopane tree it feeds on was introduced in 2000 composed of a cupronickel centre in a ring made of aluminium-nickel-bronze.
A new series of coins was introduced in 2013. All previous coins were demonetized with effect from 28 August 2014, and remained exchangeable to current coins for 5 years until 28 August 2019.
The word "Ipelegeng" is found on the coins, which literally means "to carry your own weight" or "to be self-sufficient or independent" but in general has various different meanings in the Tswana language.
1 thebe | Aluminium | 18.5 mm | 0.8 g | 1.22 mm | Smooth | 1976–1991 | 1 July 2014 | |
2 thebe | Bronze | 17.4 mm (dodecagonal) | 1.8 g | 1.05 mm | 1981–1985 | |||
5 thebe | Bronze | 19.5 mm | 2.8 g | 1.17 mm | Reeded | 1976–1989 | ||
Bronze-plated steel | 1.28 mm | Smooth or reeded | 1991–1996 | |||||
17 mm (heptagonal) | 2.41 g | 1.75 mm | Smooth | 1998–2009 | ||||
Nickel-plated steel | 18 mm (heptagonal) | 2.218 g | 1.3 mm | 2013 | current | |||
10 thebe | Copper-nickel | 22 mm | 4 g | 1.33 mm | Reeded | 1976–1989 | 1 July 2014 | |
Nickel-plated steel | 3.8 g | 1991 | ||||||
18 mm | 2.8 g | 1.75 mm | 1998–2008 | |||||
20 mm | 1.4 mm | 2013 | current | |||||
25 thebe | Copper-nickel | 25 mm | 5.8 g | 1976–1989 | 1 July 2014 | |||
Nickel-plated steel | 5.73 g | 1991 | ||||||
Nickel-plated steel | 20 mm (heptagonal) | 3.5 g | 1.8 mm | Smooth | 1998–2009 | |||
Nickel-plated steel | 22 mm (heptagonal) | 4.2 g | 1.6 mm | 2013 | current | |||
50 thebe | Copper-nickel | 28 mm | 11.4 g | 2.3 mm | Reeded | 1976–1985 | 1 July 2014 | |
Nickel-plated steel | 1991 | |||||||
21.3 mm | 4.82 g | 2.2 mm | Smooth | 1996–2001 | ||||
24 mm | 5.3 g | 1.8 mm | Reeded | 2013 | current | |||
1 pula | Copper-nickel | 29.5 mm; scalloped (with 12 notches) | 16.4 g | Smooth | 1976–1987 | 1 July 2014 | ||
Nickel-brass | 24 mm (heptagonal) | 8.8 g | 2.7 mm | Segmented (10 reeds per 7 sections) | 1991–2007 | |||
Bronze-plated steel | 26 mm | 7.8 g | Smooth | 2013–2016 | current | |||
2 pula | Nickel-brass | 26.4 mm (heptagonal) | 6.3 g | 2.4 mm | Segmented (19 reeds per 7 sections) | 1994 | 1 July 2014 | |
Brass-plated steel | 24.6 mm (heptagonal) | 6.02 g | 2 mm | 2004 | ||||
Bi-metallic; bronze-plated steel in center, nickel-plated steel in ring | 27 mm | 7.3 g | Reeded | 2013–2016 | current | |||
5 pula | Bi-metallic; copper-nickel in center, brass in ring | 23.5 mm | 6 g | 2000–2007 | 1 July 2014 | |||
28 mm | 8.7 g | 2.2 mm | Segmented | 2013–2016 | current |
The current series of notes was introduced on 23 August 2009 and contains, for the first time, a 200 pula banknote.
In response to the concern of the poor quality of the paper of the 10 pula banknote, the Bank of Botswana unveiled a 10 pula banknote in Polymer banknote in November 2017 which was issued to the public on 1 February 2018.
In 2020, the Bank of Botswana issued a new 10 pula polymer banknote that features an image of the current President of Botswana, Mokgweetsi Masisi.
Retrieved on 2021-09-19.
10 pula | Green | President Ian Khama | Parliament building, Gaborone | Rampant zebra and electrotype 10 | ||
20 pula | Red | Kgalemang Tumediso Motsete | Mining equipment | Rampant zebra and electrotype 20 | ||
50 pula | Brown | President Seretse Khama | Okavango Delta swamps, boat, fish eagle | Rampant zebra and electrotype 50 | ||
100 pula | Blue | Three chiefs (Sebele I, Bathoen I, Khama III) | Diamond sorting, open-pit diamond mine | Rampant zebra and electrotype 100 | ||
200 pula | Purple | Female teacher and children | Zebras | Rampant zebra and electrotype 200 | ||
10 pula | Green | President Ian Khama | Parliament building, Gaborone | Rampant zebra window | |
President Mokgweetsi Masisi | |||||
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