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US dollar to Botswana pula exchange rate
Find the best USD/BWP exchange rate for 06 Mar 2021.
Refreshing in: 60s | Sat, Mar 06, 05:06AM GMT
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Historical Rate chart of USD and BWP
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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.
|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|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.
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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
|Feb 24||Feb 25||Feb 26||Feb 27||Feb 28||Mar 01||Mar 02||Mar 03||Mar 04||Mar 05|
|1 USD =||10.8143 Inverse: 0.0925||10.8717 Inverse: 0.0920||10.8717 Inverse: 0.0920||10.8717 Inverse: 0.0920||10.9858 Inverse: 0.0910||11.0319 Inverse: 0.0906||11.0102 Inverse: 0.0908||10.9778 Inverse: 0.0911||11.0157 Inverse: 0.0908||11.0866 Inverse: 0.0902|
US Dollar to the Botswana Pula for the last 10 months
|May 2020||Jun 2020||Jul 2020||Aug 2020||Sep 2020||Oct 2020||Nov 2020||Dec 2020||Jan 2021||Feb 2021|
|1 USD =||12.1925 Inverse: 0.0820||11.6704 Inverse: 0.0857||11.6957 Inverse: 0.0855||11.6388 Inverse: 0.0859||11.4367 Inverse: 0.0874||11.4802 Inverse: 0.0871||11.2477 Inverse: 0.0889||11.0236 Inverse: 0.0907||11.0160 Inverse: 0.0908||10.9833 Inverse: 0.0910|
US Dollar to the Botswana Pula for the last 10 years
|Mar 2011||Mar 2012||Mar 2013||Mar 2014||Mar 2015||Mar 2016||Mar 2017||Mar 2018||Mar 2019||Mar 2020|
|1 USD =||6.6835 Inverse: 0.1496||7.2602 Inverse: 0.1377||8.1579 Inverse: 0.1226||8.8003 Inverse: 0.1136||9.8200 Inverse: 0.1018||11.2149 Inverse: 0.0892||10.3775 Inverse: 0.0964||9.6090 Inverse: 0.1041||10.6910 Inverse: 0.0935||11.0427 Inverse: 0.0906|
Market rate for common transfer amounts USD to BWP
|US Dollars (USD)||Botswana Pula (BWP)|
Exchange rates from USD to other currencies
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