The Pula appreciated against the rand (0.8 percent) while depreciating against pound (2.3 percent), euro (1.0 percent), yen (0.9 percent) and the USD (0.7 percent) in June. On an annual basis (twelve months to June 2014), the Pula depreciated against the pound (12.6 percent), euro (6.6 percent), US dollar (2.4 percent) while appreciating against the rand (4.0 percent) and the yen (0.2 percent).