South Korean Won rwandan franc exchange rate history (KRW RWF) November 2023

South Korean Won rwandan franc history for November 2023. The highest quote for this month is 0.9516 (29/11/2023) and the lowest 0.9547 (30/11/2023). The difference between high and low is -0.33.

KRW RWF average rate for November 2023 is 0.9359, the change between 01/11/2023 and 30/11/2023 is -6 %.

01 November 2023	1 KRW = 0.9014 RWF
02 November 2023	1 KRW = 0.9037 RWF
03 November 2023	1 KRW = 0.9153 RWF
06 November 2023	1 KRW = 0.9203 RWF
07 November 2023	1 KRW = 0.9390 RWF
08 November 2023	1 KRW = 0.9337 RWF
09 November 2023	1 KRW = 0.9326 RWF
10 November 2023	1 KRW = 0.9284 RWF
12 November 2023	1 KRW = 0.9281 RWF
13 November 2023	1 KRW = 0.9178 RWF
14 November 2023	1 KRW = 0.9334 RWF
15 November 2023	1 KRW = 0.9377 RWF
16 November 2023	1 KRW = 0.9402 RWF
17 November 2023	1 KRW = 0.9478 RWF
18 November 2023	1 KRW = 0.9464 RWF
19 November 2023	1 KRW = 0.9464 RWF
20 November 2023	1 KRW = 0.9375 RWF
21 November 2023	1 KRW = 0.9518 RWF
22 November 2023	1 KRW = 0.9458 RWF
23 November 2023	1 KRW = 0.9419 RWF
24 November 2023	1 KRW = 0.9408 RWF
26 November 2023	1 KRW = 0.9436 RWF
27 November 2023	1 KRW = 0.9446 RWF
28 November 2023	1 KRW = 0.9435 RWF
29 November 2023	1 KRW = 0.9561 RWF
30 November 2023	1 KRW = 0.9555 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.

Historic South Korean Won Rwandan franc