Georgian Lari rwandan franc exchange rate history (GEL RWF) December 2023

Georgian Lari rwandan franc history for December 2023. The highest quote for this month is 468.58 (11/12/2023) and the lowest 465.68 (23/12/2023). The difference between high and low is 0.62.

GEL RWF average rate for December 2023 is 463.51583, the change between 01/12/2023 and 31/12/2023 is -2.41 %.

01 December 2023	1 GEL = 455.0 RWF
02 December 2023	1 GEL = 458.9 RWF
04 December 2023	1 GEL = 456.8 RWF
05 December 2023	1 GEL = 458.6 RWF
06 December 2023	1 GEL = 461.3 RWF
07 December 2023	1 GEL = 461.2 RWF
08 December 2023	1 GEL = 463.5 RWF
11 December 2023	1 GEL = 468.7 RWF
12 December 2023	1 GEL = 466.5 RWF
13 December 2023	1 GEL = 463.7 RWF
14 December 2023	1 GEL = 466.1 RWF
15 December 2023	1 GEL = 464.1 RWF
16 December 2023	1 GEL = 465.6 RWF
18 December 2023	1 GEL = 465.8 RWF
19 December 2023	1 GEL = 463.9 RWF
20 December 2023	1 GEL = 465.5 RWF
21 December 2023	1 GEL = 464.2 RWF
22 December 2023	1 GEL = 465.8 RWF
23 December 2023	1 GEL = 465.7 RWF
25 December 2023	1 GEL = 464.5 RWF
26 December 2023	1 GEL = 464.0 RWF
27 December 2023	1 GEL = 464.4 RWF
28 December 2023	1 GEL = 464.6 RWF
29 December 2023	1 GEL = 465.9 RWF

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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

03/12/2008: New Currency Series

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

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

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: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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 Georgian Lari Rwandan franc