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The Botswana Pula (BWP) is the official currency of Botswana, introduced in 1976 to replace the South African Rand, which was previously used. The Pula is subdivided into 100 thebe and is issued by the Bank of Botswana, serving as a vital tool for trade, investment, and economic stability in the country.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.