Historic New Zealand Dollar Rwandan franc

New Zealand Dollar rwandan franc history for September 2023. The highest quote for this month is 721.58 (30/09/2023) and the lowest 730.78 (29/09/2023). The difference between high and low is -1.27.

NZD RWF average rate for September 2023 is 705.02545, the change between 01/09/2023 and 30/09/2023 is -2.66 %.

01 September 20231 NZD = 702.9 RWF
04 September 20231 NZD = 702.1 RWF
05 September 20231 NZD = 701.3 RWF
06 September 20231 NZD = 693.3 RWF
07 September 20231 NZD = 694.5 RWF
08 September 20231 NZD = 696.4 RWF
11 September 20231 NZD = 701.6 RWF
12 September 20231 NZD = 703.3 RWF
13 September 20231 NZD = 700.9 RWF
14 September 20231 NZD = 702.2 RWF
18 September 20231 NZD = 703.3 RWF
19 September 20231 NZD = 704.7 RWF
20 September 20231 NZD = 705.3 RWF
21 September 20231 NZD = 705.1 RWF
22 September 20231 NZD = 707.7 RWF
23 September 20231 NZD = 712.2 RWF
25 September 20231 NZD = 711.2 RWF
26 September 20231 NZD = 710.1 RWF
27 September 20231 NZD = 704.8 RWF
28 September 20231 NZD = 710.0 RWF
29 September 20231 NZD = 716.3 RWF
30 September 20231 NZD = 721.6 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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

03/12/2008: New Currency Series

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

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

07/04/1995: Rwandan Genocide

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

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.