In March, the Pula appreciated against the pound (1.8 percent), the US dollar (1.9 percent) and the yen (3.0 percent) while it depreciated against the rand (0.9 percent) and the euro (1.1 percent). On an annual basis the Pula depreciated against the yen (7.7 percent), the rand (4.0 percent), the pound (2.7 percent), and the euro (1.5 percent) while it appreciated against the US dollar (4.1 percent).