Historic Japanese Yen Rwandan franc

Japanese Yen rwandan franc history for February 2024. The highest quote for this month is 8.5787 (01/02/2024) and the lowest 8.6083 (01/02/2024). The difference between high and low is -0.35.

JPY RWF average rate for February 2024 is 8.43687, the change between 01/02/2024 and 29/02/2024 is +2.6 %.

01 February 20241 JPY = 8.59 RWF
02 February 20241 JPY = 8.60 RWF
04 February 20241 JPY = 8.52 RWF
05 February 20241 JPY = 8.54 RWF
06 February 20241 JPY = 8.47 RWF
07 February 20241 JPY = 8.54 RWF
08 February 20241 JPY = 8.54 RWF
09 February 20241 JPY = 8.46 RWF
12 February 20241 JPY = 8.42 RWF
13 February 20241 JPY = 8.45 RWF
14 February 20241 JPY = 8.39 RWF
15 February 20241 JPY = 8.32 RWF
16 February 20241 JPY = 8.35 RWF
17 February 20241 JPY = 8.43 RWF
18 February 20241 JPY = 8.43 RWF
19 February 20241 JPY = 8.39 RWF
20 February 20241 JPY = 8.38 RWF
21 February 20241 JPY = 8.36 RWF
22 February 20241 JPY = 8.33 RWF
23 February 20241 JPY = 8.34 RWF
24 February 20241 JPY = 8.42 RWF
25 February 20241 JPY = 8.43 RWF
26 February 20241 JPY = 8.38 RWF
27 February 20241 JPY = 8.40 RWF
28 February 20241 JPY = 8.55 RWF
29 February 20241 JPY = 8.36 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.

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.
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