Rwandan franc norwegian krone exchange rate history (RWF NOK) November 2023

Rwandan franc norwegian krone history for November 2023. The highest quote for this month is 0.009253 (08/11/2023) and the lowest 0.009217 (08/11/2023). The difference between high and low is 0.39.

RWF NOK average rate for November 2023 is 0.00893, the change between 01/11/2023 and 30/11/2023 is +5.67 %.

01 November 2023	1 RWF = 0.0092 NOK
02 November 2023	1 RWF = 0.0091 NOK
03 November 2023	1 RWF = 0.0091 NOK
06 November 2023	1 RWF = 0.0092 NOK
07 November 2023	1 RWF = 0.0091 NOK
08 November 2023	1 RWF = 0.0092 NOK
09 November 2023	1 RWF = 0.0092 NOK
10 November 2023	1 RWF = 0.0092 NOK
12 November 2023	1 RWF = 0.0091 NOK
13 November 2023	1 RWF = 0.0092 NOK
14 November 2023	1 RWF = 0.0090 NOK
15 November 2023	1 RWF = 0.0089 NOK
16 November 2023	1 RWF = 0.0088 NOK
17 November 2023	1 RWF = 0.0089 NOK
19 November 2023	1 RWF = 0.0088 NOK
20 November 2023	1 RWF = 0.0089 NOK
21 November 2023	1 RWF = 0.0087 NOK
22 November 2023	1 RWF = 0.0087 NOK
23 November 2023	1 RWF = 0.0088 NOK
24 November 2023	1 RWF = 0.0088 NOK
26 November 2023	1 RWF = 0.0087 NOK
27 November 2023	1 RWF = 0.0088 NOK
28 November 2023	1 RWF = 0.0087 NOK
29 November 2023	1 RWF = 0.0086 NOK
30 November 2023	1 RWF = 0.0087 NOK

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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

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.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.

Historic Rwandan franc Norwegian krone