In February, the Pula appreciated against the yen (8.1 percent), US dollar (2.6 percent), British pound (1.5 percent) and euro (0.6 percent), while it depreciated against the rand (1.9 percent). On an annual basis (twelve months to February 2012), the Pula depreciated against the yen (8.2 percent), US dollar (6.6 percent), pound (5.6 percent), euro (4.6 percent), and the rand (0.2 percent).