Pula (BWP; symbol P) = 100 thebe. Notes are in denominations of P100, 50, 20 and 10. Coins are in denominations of P5, 2 and 1, and 50, 25, 10 and 5 thebe.
Money should be exchanged in banks at market rates. The main commercial banks include Bank of Baroda, Barclays Bank of Botswana, First National Bank, Stanbic Bank Botswana and Standard Chartered Bank with branches in major towns and villages. Owing to limited facilities in small villages, it is advisable to change money at the airport or in major towns, where credit card cash advances may also be available. There are also bureaux de changes at major border posts. Safari lodges accept payment in US dollars.
American Express, Diners Club, MasterCard and Visa are widely accepted. ATMs are available in most larger cities and towns.
To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling. Traveller's cheques are accepted in large cities but with a high surcharge.
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 the amount declared on arrival.
Banks open 0800 and 0900, Mon-Sat, closing between 1615 and 1715 on weekdays and 1045 and 1200 on Saturdays.
|1.00 GBP = 14.87 BWP|
|1.00 USD = 9.23 BWP|
|1.00 EUR = 11.71 BWP|
|1.00 CAD = 8.28 BWP|
|Currency conversion rates as of 8 October 2014|