The Pula appreciated against the euro (1.6 percent) and the yen (6.0 percent) while depreciating against the US dollar (1.4 percent) and the pound (3.9 percent) but remained relatively unchanged against the rand (zero) in November. On an annual basis (twelve months to November 2016), the Pula appreciated against the euro (0.8 percent), US dollar (1.3 percent) and the pound (21.9 percent) but depreciated against the yen (7.0 percent) and the rand (1.9 percent).