Rwandan franc japanese yen exchange rate history (RWF JPY) December 2023

Rwandan franc japanese yen history for December 2023. The highest quote for this month is 0.12048 (01/12/2023) and the lowest 0.11952 (01/12/2023). The difference between high and low is 0.8.

RWF JPY average rate for December 2023 is 0.11623, the change between 01/12/2023 and 31/12/2023 is +6.15 %.

01 December 2023	1 RWF = 0.1206 JPY
03 December 2023	1 RWF = 0.1187 JPY
04 December 2023	1 RWF = 0.1190 JPY
05 December 2023	1 RWF = 0.1197 JPY
06 December 2023	1 RWF = 0.1189 JPY
07 December 2023	1 RWF = 0.1193 JPY
08 December 2023	1 RWF = 0.1166 JPY
10 December 2023	1 RWF = 0.1168 JPY
11 December 2023	1 RWF = 0.1163 JPY
12 December 2023	1 RWF = 0.1178 JPY
13 December 2023	1 RWF = 0.1176 JPY
14 December 2023	1 RWF = 0.1150 JPY
15 December 2023	1 RWF = 0.1146 JPY
17 December 2023	1 RWF = 0.1142 JPY
18 December 2023	1 RWF = 0.1144 JPY
19 December 2023	1 RWF = 0.1152 JPY
20 December 2023	1 RWF = 0.1157 JPY
21 December 2023	1 RWF = 0.1156 JPY
22 December 2023	1 RWF = 0.1139 JPY
25 December 2023	1 RWF = 0.1144 JPY
26 December 2023	1 RWF = 0.1144 JPY
27 December 2023	1 RWF = 0.1144 JPY
28 December 2023	1 RWF = 0.1135 JPY
29 December 2023	1 RWF = 0.1131 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

03/12/2008: New Currency Series

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

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/12/1973: Currency Reform

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

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

25/06/1964: Introduction of the Rwandan Franc

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

Historic Rwandan franc Japanese Yen