200 Pula

The 200 Pula is the highest denomination in the Bank of Botswana's series introduced for the 2009 reissue, reflecting the country's sustained economic growth driven by diamond revenues — Botswana had by this point become one of the world's largest producers of gem-quality diamonds, and the currency's purchasing power was stable enough to justify a note of this value without inflationary alarm. De La Rue's involvement was longstanding; the printer had handled Botswana's banknotes since independence.

Cotton substrate, watermark, and a security thread are the primary anti-counterfeiting measures — modest by contemporary standards for a top-denomination note, though Botswana's relatively low cash transaction volumes meant sophisticated forgery was never a pressing operational concern.