Historic Rwandan franc Brazilian Real

Rwandan franc brazilian real history for August 2023. The highest quote for this month is 0.004258 (15/08/2023) and the lowest 0.004246 (15/08/2023). The difference between high and low is 0.28.

RWF BRL average rate for August 2023 is 0.00419, the change between 01/08/2023 and 31/08/2023 is -2.27 %.

01 August 20231 RWF = 0.0041 BRL
02 August 20231 RWF = 0.0041 BRL
03 August 20231 RWF = 0.0041 BRL
04 August 20231 RWF = 0.0042 BRL
07 August 20231 RWF = 0.0042 BRL
08 August 20231 RWF = 0.0042 BRL
09 August 20231 RWF = 0.0042 BRL
10 August 20231 RWF = 0.0042 BRL
11 August 20231 RWF = 0.0042 BRL
12 August 20231 RWF = 0.0042 BRL
14 August 20231 RWF = 0.0042 BRL
15 August 20231 RWF = 0.0042 BRL
16 August 20231 RWF = 0.0042 BRL
17 August 20231 RWF = 0.0043 BRL
18 August 20231 RWF = 0.0042 BRL
19 August 20231 RWF = 0.0042 BRL
20 August 20231 RWF = 0.0042 BRL
21 August 20231 RWF = 0.0043 BRL
22 August 20231 RWF = 0.0042 BRL
23 August 20231 RWF = 0.0042 BRL
24 August 20231 RWF = 0.0041 BRL
25 August 20231 RWF = 0.0041 BRL
28 August 20231 RWF = 0.0042 BRL
29 August 20231 RWF = 0.0042 BRL
30 August 20231 RWF = 0.0041 BRL
31 August 20231 RWF = 0.0041 BRL

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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

03/12/2008: New Currency Series

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

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

01/01/2004: East African Community

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

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.