In October, the Pula depreciated against the British pound (3.6 percent), euro (2.4 percent), and US dollar (1.1 percent), while it appreciated the yen (0.9 percent) and the rand (0.7 percent). On an annual basis (twelve months to October 2011), the Pula depreciated against the euro (9.3 percent), US dollar (9.8 percent) pound (10.4 percent) and the yen (12.6 percent) and while it appreciated against the rand (2.7 percent).