Historic Brazilian Real Rwandan franc

Brazilian Real rwandan franc history for December 2023. The highest quote for this month is 257.53 (27/12/2023) and the lowest 259.76 (28/12/2023). The difference between high and low is -0.87.

BRL RWF average rate for December 2023 is 253.43036, the change between 01/12/2023 and 31/12/2023 is -3.34 %.

01 December 20231 BRL = 249.4 RWF
02 December 20231 BRL = 253.7 RWF
03 December 20231 BRL = 253.2 RWF
04 December 20231 BRL = 250.9 RWF
05 December 20231 BRL = 249.1 RWF
06 December 20231 BRL = 251.2 RWF
07 December 20231 BRL = 251.8 RWF
08 December 20231 BRL = 251.9 RWF
10 December 20231 BRL = 251.6 RWF
11 December 20231 BRL = 254.7 RWF
12 December 20231 BRL = 251.2 RWF
13 December 20231 BRL = 248.8 RWF
14 December 20231 BRL = 252.5 RWF
15 December 20231 BRL = 252.7 RWF
16 December 20231 BRL = 251.8 RWF
17 December 20231 BRL = 251.8 RWF
18 December 20231 BRL = 253.0 RWF
19 December 20231 BRL = 253.0 RWF
20 December 20231 BRL = 255.6 RWF
21 December 20231 BRL = 252.7 RWF
22 December 20231 BRL = 255.6 RWF
23 December 20231 BRL = 257.0 RWF
24 December 20231 BRL = 257.4 RWF
25 December 20231 BRL = 255.4 RWF
26 December 20231 BRL = 255.4 RWF
27 December 20231 BRL = 258.7 RWF
28 December 20231 BRL = 258.2 RWF
29 December 20231 BRL = 257.7 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.