Historic Georgian Lari Rwandan franc

Georgian Lari rwandan franc history for February 2024. The highest quote for this month is 485.88 (27/02/2024) and the lowest 480.5 (17/02/2024). The difference between high and low is 1.11.

GEL RWF average rate for February 2024 is 476.66, the change between 01/02/2024 and 29/02/2024 is -0.62 %.

01 February 20241 GEL = 472.3 RWF
02 February 20241 GEL = 472.4 RWF
03 February 20241 GEL = 474.8 RWF
05 February 20241 GEL = 477.1 RWF
06 February 20241 GEL = 474.0 RWF
07 February 20241 GEL = 476.2 RWF
08 February 20241 GEL = 477.1 RWF
09 February 20241 GEL = 476.7 RWF
12 February 20241 GEL = 475.1 RWF
13 February 20241 GEL = 478.0 RWF
14 February 20241 GEL = 478.5 RWF
15 February 20241 GEL = 474.9 RWF
16 February 20241 GEL = 475.1 RWF
17 February 20241 GEL = 480.5 RWF
19 February 20241 GEL = 478.2 RWF
20 February 20241 GEL = 477.7 RWF
21 February 20241 GEL = 475.2 RWF
22 February 20241 GEL = 474.2 RWF
23 February 20241 GEL = 475.3 RWF
24 February 20241 GEL = 479.5 RWF
26 February 20241 GEL = 476.9 RWF
27 February 20241 GEL = 478.7 RWF
28 February 20241 GEL = 486.0 RWF
29 February 20241 GEL = 475.3 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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

03/12/2008: New Currency Series

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

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2004: East African Community

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

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

03/12/1998: Currency Redenomination

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

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

07/04/1995: Rwandan Genocide

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

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.