Historic Brazilian Real Rwandan franc

Brazilian Real rwandan franc history for October 2023. The highest quote for this month is 244.93 (25/10/2023) and the lowest 245 (27/10/2023). The difference between high and low is -0.03.

BRL RWF average rate for October 2023 is 239.19407, the change between 01/10/2023 and 31/10/2023 is -0.89 %.

01 October 20231 BRL = 239.1 RWF
02 October 20231 BRL = 239.8 RWF
03 October 20231 BRL = 237.9 RWF
04 October 20231 BRL = 233.2 RWF
05 October 20231 BRL = 234.2 RWF
06 October 20231 BRL = 231.6 RWF
07 October 20231 BRL = 234.9 RWF
09 October 20231 BRL = 232.8 RWF
10 October 20231 BRL = 237.7 RWF
11 October 20231 BRL = 239.6 RWF
12 October 20231 BRL = 238.6 RWF
13 October 20231 BRL = 239.8 RWF
16 October 20231 BRL = 238.8 RWF
17 October 20231 BRL = 240.4 RWF
18 October 20231 BRL = 240.2 RWF
19 October 20231 BRL = 238.5 RWF
20 October 20231 BRL = 239.4 RWF
21 October 20231 BRL = 241.3 RWF
22 October 20231 BRL = 241.2 RWF
23 October 20231 BRL = 239.5 RWF
24 October 20231 BRL = 242.0 RWF
25 October 20231 BRL = 243.4 RWF
26 October 20231 BRL = 243.1 RWF
27 October 20231 BRL = 243.5 RWF
29 October 20231 BRL = 242.7 RWF
30 October 20231 BRL = 243.9 RWF
31 October 20231 BRL = 241.2 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.