Pulas refers to the currency of Botswana, a country located in Southern Africa. The word "pulas" is derived from Setswana, which is one of the widely spoken languages in Botswana. The currency was introduced in 1976, replacing the Botswana pound. The symbol for pulas is "P", and the currency is divided into 100 thebe.
As a legal tender in Botswana, pulas are used for all financial transactions within the country. Pulas are issued by the Bank of Botswana, the central bank of the country, which is responsible for maintaining price stability and ensuring the soundness of the financial system.
The value of pulas fluctuates in relation to other major currencies, such as the United States Dollar, as it is influenced by economic factors such as inflation rates, interest rates, and political stability.
Pulas can be obtained through various means, including currency exchanges, banks, and ATMs in Botswana. They are available in different denominations, with banknotes being issued in values of 10, 20, 50, 100, and 200 pulas, while coins are available in denominations of 5, 10, 25, and 50 thebe.
Overall, pulas are the official form of currency in Botswana, facilitating economic activities and serving as a medium of exchange for goods and services within the country.
