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Botswana Pula (BWP)
The Botswana Pula (BWP) is the official currency of Botswana, issued by the Bank of Botswana and subdivided into 100 thebe. The word 'pula' means 'rain' in Setswana, reflecting the importance of rainfall in the semi-arid country. Botswana's economy is heavily reliant on diamond mining, so the pula's value is closely tied to commodity prices. It operates under a crawling peg exchange rate mechanism managed by the central bank.
Example
“The Botswana Pula strengthened against the US dollar as diamond export revenues increased, boosting the country's foreign exchange reserves.”