US Dollar to Botswana Pula Exchange Rate

Live Rate

= P 11.5701

Refreshing in: 60s | Tue, Jul 14, 10:30AM GMT

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Historical Rate chart of USD and BWP

Updated: 14 Jul 2020 10:30:55 UTC

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How can I get the best exchange rate between US dollar and the Botswanan pula?

To get the best exchange rate between the US dollar and the Botswanan pula, you should compare the exchange rate you are offered by various online money transfer services against the mid-market rate of the currency. The mid-market rate is the exchange rate that banks use when they trade with each other, and you can find it by looking up the currency pair, in this case “USD to BWP” online.

Traditional banks in the US will also let you send money to Botswana, but they may offer you a bad exchange rate that is far from the mid-market rate. In addition, many banks don’t even offer to exchange money into smaller currencies like the pula. In that case you would have to send the money in US dollars, and the conversion happens when the money reaches your recipient’s bank in Botswana. The exchange rate your recipient gets may be good or bad, depending on his or her own bank.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Botswana Pula

The Botswana pula is one of the strongest currencies in Africa, introduced in 1976. Botswana is among the largest diamond-producing countries in the world.
Currency:Botswana Pula
Currency Symbol:P
Sub unit:thebe
Bank notes:10, 20, 50, 100 and 200 pula
Coins:5, 10, 25, 50 thebe, 1, 2, 5 pula

What affects exchange rates between the US dollar and the Botswanan pula?

As a freely exchangeable currency, the pula fluctuates according to the supply and demand in the global forex market. Although the pula is not pegged directly to any other currency, it is valued against a basket of other currencies. The Bank of Botswana sometimes intervenes to keep the exchange rate between the pula and these other currencies from fluctuating too much, effectively managing what is known as a “crawling peg” policy. This means that the pula is allowed to increase or decrease in value gradually against other currencies like the US dollar.

The exchange rate between US dollars and Botswanan pula may also be affected by a number of other circumstances in either the United States or Botswana. For example, if the central bank in Botswana decides to raise their interest rates, the value of the Botswanan pula compared to the US dollar will usually increase as a result. Similarly, lower interest rates in Botswana would lead to a lower value of the pula compared to the dollar, increasing the buying power of American travelers there as a result.

Send money from USD to BWP

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1,000 1 - 2 days USD 0.00 11.524 BWP 11,523,867 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
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USD 1 1 - 2 days USD 18,900.00 11.57 BWP
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details

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How does the Botswanan pula trade against the US dollar historically?

The Botswanan pula was first introduced in 1976, when it replaced the South African rand as the official currency in Botswana at a rate of 1-to-1. All exchange controls were abolished in 1999, but the pula was devalued by the central bank both in 2004 and 2005.

Between 2008 and 2011, the pula saw relatively stable performance against the US dollar with small fluctuations along the way. At the end of 2008, you would need 7 pula to get 1 US dollar, and at the beginning of 2011 it was only worth slightly less, requiring 7.5 pula to buy 1 US dollar.

From 2011 until 2016, the pula gradually lost its value against the US dollar, moving from about 7.5 pula for 1 dollar to a low of 12 pula for 1 dollar. Since then, the trend has changed once again with 1 US dollar being worth about 10 pula in 2017.

US Dollar to the Botswana Pula for the last 10 days

Jul 04 Jul 05 Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Jul 12 Jul 13
1 USD = 11.6957 Inverse: 0.0855 11.6957 Inverse: 0.0855 11.6821 Inverse: 0.0856 11.7128 Inverse: 0.0854 11.6810 Inverse: 0.0856 11.6070 Inverse: 0.0862 11.6290 Inverse: 0.0860 11.6336 Inverse: 0.0860 11.6336 Inverse: 0.0860 11.5867 Inverse: 0.0863

US Dollar to the Botswana Pula for the last 10 months

Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020
1 USD = 10.8550 Inverse: 0.0921 10.9084 Inverse: 0.0917 10.9564 Inverse: 0.0913 10.7853 Inverse: 0.0927 10.6582 Inverse: 0.0938 10.9520 Inverse: 0.0913 11.3839 Inverse: 0.0878 11.9348 Inverse: 0.0838 12.1523 Inverse: 0.0823 11.4913 Inverse: 0.0870

US Dollar to the Botswana Pula for the last 10 years

Jul 2010 Jul 2011 Jul 2012 Jul 2013 Jul 2014 Jul 2015 Jul 2016 Jul 2017 Jul 2018 Jul 2019
1 USD = 6.9895 Inverse: 0.1431 6.6048 Inverse: 0.1514 7.7607 Inverse: 0.1289 8.6174 Inverse: 0.1160 8.8461 Inverse: 0.1130 9.9881 Inverse: 0.1001 10.7684 Inverse: 0.0929 10.2778 Inverse: 0.0973 10.2845 Inverse: 0.0972 10.6270 Inverse: 0.0941

Market rate for common transfer amounts USD to BWP

US Dollars (USD) Botswana Pula (BWP)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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