Forex Zambia
1 USD = 13.8615 BWP
Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.
A live technical-analysis reading for USD/BWP, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.
USD/BWP tracks the US Dollar against the Botswana Pula, driven mainly by diamond export earnings and Bank of Botswana policy. As a fellow African currency, its moves are a useful comparison point for how the Kwacha is performing against similar economies.
Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.
Latest
13.6312
25 Sep 2026
Highest since Mar 2024
14.3739
3 Sep 2025
Lowest since Mar 2024
13.0602
2 Oct 2024
12-month average
13.6246
13.0723 – 14.3058
Over the past year USD/BWP has risen 2.59%, meaning the USD has strengthened against the BWP. In the last 30 days it has moved up 1.92%. Across the last 12 months it traded between 13.0723 and 14.3058. Its highest level in the data window (since March 2024) was 14.3739 on 3 Sep 2025, and its lowest was 13.0602 on 2 Oct 2024.
Based on weekly data from 6 Mar 2024 to 25 Sep 2026. Source: Weekly rate snapshots (currency-api). A rising rate means the USD is strengthening against the BWP. Past performance does not predict future results.
A pair's price is one currency's value measured against another, so the economy behind each side matters.
United States · Federal Reserve (Fed) · Free float
The US Dollar is the world's dominant reserve and trading currency. It sits on one side of roughly nine in ten forex trades, and most commodities, including copper, are priced in it.
Botswana · Bank of Botswana (BoB) · Crawling peg (basket of the Rand and the IMF SDR)
The Pula is a stable, well-managed currency backed by diamonds. Botswana is one of the world's largest diamond producers and shares a border with Zambia at Kazungula.
The US Dollar is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Botswana Pula even when local economic data is unchanged. Because the Botswana Pula tends to do well when investors are optimistic, USD/BWP is widely watched as a barometer of global risk appetite.
The Botswana Pula is an emerging or frontier-market currency. Compared with a major reserve currency, its market is thinner, so shifts in global risk appetite, Dollar liquidity and capital flows can move it faster and further than fundamentals alone would suggest.
Central-bank policy matters on both sides: the Federal Reserve (Fed) and the Bank of Botswana (BoB). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.
Typically rises with the Dollar
Usually moves inversely to the Dollar
Risk-off episodes tend to boost the Dollar
Key export driver
Influences the basket
2008 USD
The global financial crisis triggered a surge in safe-haven Dollar demand.
2014–15 USD
The Fed signalled tighter policy while other central banks eased, driving a powerful Dollar rally.
2020 USD
In March 2020 a global "dash for Dollars" sent the currency sharply higher before the Fed flooded markets with liquidity.
2022 USD
The fastest Fed hiking cycle in decades pushed the Dollar to a roughly 20-year high, including parity with the Euro.
2024 BWP
A diamond-market slump reduced export earnings and pressured reserves.
As a fellow African currency, USD/BWP is a useful yardstick for how the Kwacha is performing against regional economies. It also matters for cross-border trade in Southern and East Africa.
Compare brokers offering these pairs →Most active: New York session (and the London–New York overlap) • Gaborone business hours and the London session
1 USD is worth about 13.8615 BWP (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.
In the data we track (since 6 Mar 2024), USD/BWP peaked at 14.3739 on 3 Sep 2025 and bottomed at 13.0602 on 2 Oct 2024.
USD/BWP is influenced by the relative strength of the US Dollar and the Botswana Pula. Key factors include: Federal Reserve interest-rate policy, US inflation and jobs data, Diamond demand and prices, South African Rand. See the sections above for the full list.
Activity and liquidity are typically highest during: New York session (and the London–New York overlap) • Gaborone business hours and the London session. Spreads are usually tighter when the relevant markets are open.
USD/BWP can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.
This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.