Rwandan franc danish krone exchange rate history (RWF DKK) August 2023

Rwandan franc danish krone history for August 2023. The highest quote for this month is 0.005881 (28/08/2023) and the lowest 0.005882 (24/08/2023). The difference between high and low is -0.02.

RWF DKK average rate for August 2023 is 0.00583, the change between 01/08/2023 and 31/08/2023 is +0.52 %.

01 August 2023	1 RWF = 0.0058 DKK
02 August 2023	1 RWF = 0.0058 DKK
03 August 2023	1 RWF = 0.0059 DKK
04 August 2023	1 RWF = 0.0058 DKK
07 August 2023	1 RWF = 0.0059 DKK
08 August 2023	1 RWF = 0.0058 DKK
09 August 2023	1 RWF = 0.0058 DKK
10 August 2023	1 RWF = 0.0058 DKK
11 August 2023	1 RWF = 0.0058 DKK
12 August 2023	1 RWF = 0.0058 DKK
14 August 2023	1 RWF = 0.0058 DKK
15 August 2023	1 RWF = 0.0058 DKK
16 August 2023	1 RWF = 0.0058 DKK
17 August 2023	1 RWF = 0.0058 DKK
18 August 2023	1 RWF = 0.0058 DKK
21 August 2023	1 RWF = 0.0059 DKK
22 August 2023	1 RWF = 0.0058 DKK
23 August 2023	1 RWF = 0.0058 DKK
24 August 2023	1 RWF = 0.0058 DKK
25 August 2023	1 RWF = 0.0059 DKK
28 August 2023	1 RWF = 0.0059 DKK
29 August 2023	1 RWF = 0.0059 DKK
30 August 2023	1 RWF = 0.0058 DKK
31 August 2023	1 RWF = 0.0058 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

01/01/2004: East African Community

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

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.

Historic Rwandan franc Danish Krone