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Home  >  World  > Africa  > Botswana

Money

Currency: Pula (P) = 100 thebe. Notes are in denominations of P100, 50, 20, 10 and 5. Coins are in denominations of P5, 2 and 1, and 50, 25, 10 and 5 thebe. Various gold and silver coins were issued to mark the country’s tenth anniversary of independence, and are still legal tender.

Currency exchange: Money should be exchanged in banks at market rates. Owing to limited facilities in small villages, it is advisable to change money at the airport or in major towns.

Credit & debit cards: MasterCard, American Express, Diners Club and Visa are accepted on a limited basis. However, the majority of tourist facilities accept credit cards. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques: To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling. Most hotels accept travellers cheques, but the surcharge may be high.

Currency restrictions: There are no restrictions on the import of local or foreign currencies, provided declared on arrival. Export of local currency is limited to P50 and foreign currencies up to amount declared on arrival.

Exchange rate indicators
The following figures are included as a guide to the movements of the Pula against Sterling and the US Dollar:


DateMay ’02Aug ’02Nov ’02Feb ’03
£1.00=8.969.779.288.29
$1.00=6.156.425.875.20


Banking hours: Mon-Fri 0900-1530, Sat 0815-1045.


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