Historic South Korean Won Rwandan franc

South Korean Won rwandan franc history for February 2024. The highest quote for this month is 0.9635 (27/02/2024) and the lowest 0.9724 (09/02/2024). The difference between high and low is -0.92.

KRW RWF average rate for February 2024 is 0.94741, the change between 01/02/2024 and 29/02/2024 is +0.14 %.

01 February 20241 KRW = 0.9461 RWF
02 February 20241 KRW = 0.9481 RWF
03 February 20241 KRW = 0.9436 RWF
04 February 20241 KRW = 0.9436 RWF
05 February 20241 KRW = 0.9483 RWF
06 February 20241 KRW = 0.9438 RWF
07 February 20241 KRW = 0.9519 RWF
08 February 20241 KRW = 0.9521 RWF
09 February 20241 KRW = 0.9478 RWF
12 February 20241 KRW = 0.9445 RWF
13 February 20241 KRW = 0.9507 RWF
14 February 20241 KRW = 0.9427 RWF
15 February 20241 KRW = 0.9449 RWF
16 February 20241 KRW = 0.9430 RWF
17 February 20241 KRW = 0.9505 RWF
18 February 20241 KRW = 0.9505 RWF
19 February 20241 KRW = 0.9456 RWF
20 February 20241 KRW = 0.9441 RWF
21 February 20241 KRW = 0.9395 RWF
22 February 20241 KRW = 0.9393 RWF
23 February 20241 KRW = 0.9456 RWF
24 February 20241 KRW = 0.9529 RWF
25 February 20241 KRW = 0.9529 RWF
26 February 20241 KRW = 0.9477 RWF
27 February 20241 KRW = 0.9499 RWF
28 February 20241 KRW = 0.9656 RWF
29 February 20241 KRW = 0.9448 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.

03/12/2008: New Currency Series

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/2004: East African Community

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

03/12/1998: Currency Redenomination

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

07/04/1995: Rwandan Genocide

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
KRW RWF August 2023
KRW RWF September 2023
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KRW RWF January 2024
KRW RWF February 2024
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KRW RWF August 2024