Rwandan franc namibian dollar exchange rate history (RWF NAD) August 2023

Rwandan franc namibian dollar history for August 2023. The highest quote for this month is 0.016892 (15/08/2023) and the lowest 0.016305 (17/08/2023). The difference between high and low is 3.48.

RWF NAD average rate for August 2023 is 0.01592, the change between 01/08/2023 and 31/08/2023 is -4 %.

01 August 2023	1 RWF = 0.0153 NAD
02 August 2023	1 RWF = 0.0153 NAD
03 August 2023	1 RWF = 0.0153 NAD
04 August 2023	1 RWF = 0.0157 NAD
07 August 2023	1 RWF = 0.0158 NAD
08 August 2023	1 RWF = 0.0158 NAD
09 August 2023	1 RWF = 0.0157 NAD
10 August 2023	1 RWF = 0.0157 NAD
11 August 2023	1 RWF = 0.0157 NAD
12 August 2023	1 RWF = 0.0162 NAD
14 August 2023	1 RWF = 0.0160 NAD
15 August 2023	1 RWF = 0.0159 NAD
16 August 2023	1 RWF = 0.0163 NAD
17 August 2023	1 RWF = 0.0163 NAD
18 August 2023	1 RWF = 0.0163 NAD
19 August 2023	1 RWF = 0.0162 NAD
20 August 2023	1 RWF = 0.0162 NAD
21 August 2023	1 RWF = 0.0164 NAD
22 August 2023	1 RWF = 0.0162 NAD
23 August 2023	1 RWF = 0.0162 NAD
24 August 2023	1 RWF = 0.0160 NAD
25 August 2023	1 RWF = 0.0159 NAD
28 August 2023	1 RWF = 0.0160 NAD
29 August 2023	1 RWF = 0.0160 NAD
30 August 2023	1 RWF = 0.0160 NAD
31 August 2023	1 RWF = 0.0159 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

03/12/2008: New Currency Series

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

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2004: East African Community

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

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

Historic Rwandan franc Namibian dollar