Historic Macanese pataca Rwandan franc

Macanese pataca rwandan franc history for January 2024. The highest quote for this month is 161.67 (22/01/2024) and the lowest 160.21 (15/01/2024). The difference between high and low is 0.9.

MOP RWF average rate for January 2024 is 159.1437, the change between 01/01/2024 and 31/01/2024 is -1.17 %.

01 January 20241 MOP = 158.3 RWF
02 January 20241 MOP = 158.3 RWF
03 January 20241 MOP = 160.2 RWF
04 January 20241 MOP = 159.3 RWF
05 January 20241 MOP = 159.1 RWF
06 January 20241 MOP = 156.1 RWF
07 January 20241 MOP = 156.1 RWF
08 January 20241 MOP = 159.0 RWF
09 January 20241 MOP = 159.1 RWF
10 January 20241 MOP = 159.0 RWF
11 January 20241 MOP = 158.8 RWF
12 January 20241 MOP = 159.0 RWF
14 January 20241 MOP = 156.2 RWF
15 January 20241 MOP = 161.4 RWF
16 January 20241 MOP = 160.2 RWF
17 January 20241 MOP = 159.0 RWF
18 January 20241 MOP = 159.7 RWF
19 January 20241 MOP = 159.8 RWF
22 January 20241 MOP = 161.6 RWF
23 January 20241 MOP = 160.0 RWF
24 January 20241 MOP = 159.8 RWF
25 January 20241 MOP = 160.1 RWF
26 January 20241 MOP = 159.8 RWF
28 January 20241 MOP = 156.7 RWF
29 January 20241 MOP = 159.7 RWF
30 January 20241 MOP = 160.4 RWF
31 January 20241 MOP = 160.2 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.

20/12/2019: Macao–Hong Kong Financial Cooperation Agreement signed

The Macau and Hong Kong authorities signed a financial cooperation agreement to strengthen monetary and financial stability, impacting the value and role of the Macanese pataca.

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.

03/12/1998: Currency Redenomination

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

08/05/1995: Currency board system implemented

Macau adopted a currency board system, establishing a fixed exchange rate between the Macanese pataca and the Hong Kong dollar.

07/04/1995: Rwandan Genocide

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

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible currency.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

18/06/1948: Gold standard introduced

The Macanese pataca switched to the gold standard, with its value pegged to gold coins. The gold standard lasted until 1967.

17/03/1906: Silver standard established

Macau adopted the silver standard for the pataca, linking its value to silver coins in circulation. This standard remained in place until 1948.

27/10/1901: Introduction of Macanese pataca

The Macanese pataca was first introduced as the official currency of Macau, replacing the Portuguese real. It was initially pegged to the Portuguese escudo.
MOP RWF August 2023
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MOP RWF January 2024
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