During March, the Pula depreciated against the euro (2.0 percent) and the rand (0.8 percent) while it appreciated against the yen (2.4 percent), US dollar (2.0 percent) and the pound (1.9 percent). On an annual basis the Pula depreciated against the yen (16.6 percent), US dollar (15.3 percent) but appreciating against the euro (0.9 percent), the pound (17.9 percent) and the rand (0.7 percent).