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What are the type of money used in botswana?

Botswana pula (BWP) is the currency of Botswana. It was introduced in 1976, replacing the South African rand at par. The pula is divided into 100 thebe.

The pula is pegged to the South African rand, and the two currencies circulate interchangeably in Botswana. The rand is also legal tender in Eswatini, Lesotho, Namibia, and Zimbabwe, all of which are members of the Southern African Customs Union (SACU).

The pula is issued by the Bank of Botswana, which also regulates the country's financial system. The bank's monetary policy is aimed at maintaining price stability, promoting economic growth, and fostering financial stability.

The pula has been relatively stable against major currencies in recent years. This has helped to attract foreign investment and promote economic growth in Botswana.

The following are the denominations of pula coins and banknotes currently in circulation:

Coins

* 5 thebe

* 10 thebe

* 25 thebe

* 50 thebe

* 1 pula

* 2 pula

* 5 pula

Banknotes

* 10 pula

* 20 pula