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

South Korean Won rwandan franc history for October 2023. The highest quote for this month is 0.9094 (24/10/2023) and the lowest 0.9081 (25/10/2023). The difference between high and low is 0.14.

KRW RWF average rate for October 2023 is 0.89635, the change between 01/10/2023 and 31/10/2023 is -1.46 %.

01 October 2023	1 KRW = 0.8898 RWF
02 October 2023	1 KRW = 0.8946 RWF
03 October 2023	1 KRW = 0.8891 RWF
04 October 2023	1 KRW = 0.8865 RWF
05 October 2023	1 KRW = 0.8933 RWF
06 October 2023	1 KRW = 0.8888 RWF
07 October 2023	1 KRW = 0.8992 RWF
09 October 2023	1 KRW = 0.8915 RWF
10 October 2023	1 KRW = 0.9061 RWF
11 October 2023	1 KRW = 0.9017 RWF
12 October 2023	1 KRW = 0.9004 RWF
13 October 2023	1 KRW = 0.8974 RWF
16 October 2023	1 KRW = 0.8915 RWF
17 October 2023	1 KRW = 0.8985 RWF
18 October 2023	1 KRW = 0.8943 RWF
19 October 2023	1 KRW = 0.8904 RWF
20 October 2023	1 KRW = 0.8937 RWF
21 October 2023	1 KRW = 0.8997 RWF
22 October 2023	1 KRW = 0.8996 RWF
23 October 2023	1 KRW = 0.8931 RWF
24 October 2023	1 KRW = 0.9090 RWF
25 October 2023	1 KRW = 0.9043 RWF
26 October 2023	1 KRW = 0.8975 RWF
27 October 2023	1 KRW = 0.8990 RWF
29 October 2023	1 KRW = 0.8981 RWF
30 October 2023	1 KRW = 0.8914 RWF
31 October 2023	1 KRW = 0.9028 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