The Pula appreciated against the rand (4.7 percent), but depreciated against major currencies at the end of June 2018. It depreciated against the US dollar (4.5 percent); euro (4.2 percent); pound sterling (2.9 percent); Japanese yen (2.7 percent) and the Chinese renminbi (1.1 percent). In the twelve months to June 2018, the Pula appreciated against the rand (3.4 percent), but depreciated against the Chinese renminbi (4 percent); euro (3.5 percent); Japanese yen (3 percent); pound sterling (2.4 percent) and US dollar (1.7 percent).