The Pula depreciated by 1.1 percent against the South African rand and appreciated by 0.7 percent against the IMF Special Drawing Rights (SDR) over the one-month period to March 2023. It appreciated by 2.1 percent against the US dollar and 0.8 percent against the Chinese renminbi, while it depreciated by 0.8 percent against the euro, 0.7 percent against the British pound and 0.4 percent against the Japanese yen.

Over the twelve months period to March 2023, the nominal Pula exchange rate appreciated by 7.6 percent against the South African rand and depreciated by 10.1 percent against the SDR. Against the SDR constituent currencies, the Pula depreciated by 12.6 percent against the US dollar, 10.4 percent against the euro, 7.3 percent against the British pound, 5.5 percent against the Chinese renminbi and 4.6 percent against the Japanese yen.