Botswana Pula in Swiss Franc

BWP Botswana Pula

Country of application:
Botswana, Zimbabwe

Coin denominations in circulation:
5, 10, 25, 50 Feb, 1, 2, 5 pools.

Denominations of banknotes in circulation:
10, 20, 50, 100 and 200 pools

History reference:
The pula is the currency of Botswana. Translated from the Tswana language, its name means "let it rain", and the greeting and motto of the state also sounds. After gaining independence from Great Bri...tain in 1966, Botswana was a member of monetary unions: first in the sterling zone, and since 1972 in the rand zone, but the country did not have its own currency. On September 6, 1974, it was announced the imminent withdrawal of the state from the monetary union with South Africa and the beginning of the development of a national currency. It was introduced on August 23, 1976, replacing the rand, the exchange was carried out at a ratio of 1:1.

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.