Historic Danish Krone Rwandan franc

Danish Krone rwandan franc history for September 2023. The highest quote for this month is 171.32 (07/09/2023) and the lowest 172.01 (29/09/2023). The difference between high and low is -0.4.

DKK RWF average rate for September 2023 is 170.23905, the change between 01/09/2023 and 30/09/2023 is +0.57 %.

01 September 20231 DKK = 171.1 RWF
04 September 20231 DKK = 170.8 RWF
05 September 20231 DKK = 171.0 RWF
06 September 20231 DKK = 169.5 RWF
07 September 20231 DKK = 170.1 RWF
08 September 20231 DKK = 169.8 RWF
11 September 20231 DKK = 170.8 RWF
12 September 20231 DKK = 171.3 RWF
13 September 20231 DKK = 171.0 RWF
14 September 20231 DKK = 170.6 RWF
18 September 20231 DKK = 170.4 RWF
19 September 20231 DKK = 170.7 RWF
20 September 20231 DKK = 169.8 RWF
21 September 20231 DKK = 170.1 RWF
22 September 20231 DKK = 170.6 RWF
23 September 20231 DKK = 170.6 RWF
25 September 20231 DKK = 170.5 RWF
26 September 20231 DKK = 169.0 RWF
27 September 20231 DKK = 168.0 RWF
28 September 20231 DKK = 169.1 RWF
29 September 20231 DKK = 170.1 RWF

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

03/12/2008: New Currency Series

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

01/01/2004: East African Community

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

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.