It goes by at least 3 names that I'm aware of,
Pau Ferro, Morado or Bolivian Rosewood though it's not a true rosewood.
HTHs, KJ
AlohaThe OP's pic shows a 'closed-pore' wood.
Your pic, though similar in color, shows an 'open-pore' wood.
KJ
Which is yet another name for Morado, Pau, etc.
http://www.wood-database.com/lumber-identification/hardwoods/pau-ferro/