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US dollar to Botswana pula exchange rate

Find the best USD/BWP exchange rate for 06 Mar 2021.

Live Rate

= P 11.0866

Refreshing in: 60s | Sat, Mar 06, 05:06AM GMT

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Historical Rate chart of USD and BWP

Updated: 06 Mar 2021 05:06:14 UTC

Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. What’s best for you might not be best for someone else.

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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
$1 1 - 2 days USD 18,900.00 11.087 BWP
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 10,000 1 - 2 days USD 0.00 11.05 BWP 11,049,975 Dunbridge Financial offers diverse transfer options to more than 120 countries. Powered by Currencycloud. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Best ways to send money to Botswana

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)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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