Historic Romanian leu Rwandan franc

Romanian leu rwandan franc history for August 2023. The highest quote for this month is 262.35 (01/08/2023) and the lowest 261.05 (10/08/2023). The difference between high and low is 0.5.

RON RWF average rate for August 2023 is 258.8064, the change between 01/08/2023 and 31/08/2023 is -0.38 %.

01 August 20231 RON = 260.2 RWF
02 August 20231 RON = 260.7 RWF
03 August 20231 RON = 258.4 RWF
04 August 20231 RON = 258.1 RWF
07 August 20231 RON = 257.4 RWF
08 August 20231 RON = 258.1 RWF
09 August 20231 RON = 258.0 RWF
10 August 20231 RON = 258.9 RWF
11 August 20231 RON = 259.3 RWF
12 August 20231 RON = 260.6 RWF
14 August 20231 RON = 259.7 RWF
15 August 20231 RON = 259.0 RWF
16 August 20231 RON = 259.2 RWF
17 August 20231 RON = 258.5 RWF
18 August 20231 RON = 258.4 RWF
20 August 20231 RON = 258.5 RWF
21 August 20231 RON = 256.8 RWF
22 August 20231 RON = 259.8 RWF
23 August 20231 RON = 258.7 RWF
24 August 20231 RON = 259.1 RWF
25 August 20231 RON = 257.9 RWF
28 August 20231 RON = 257.0 RWF
29 August 20231 RON = 257.5 RWF
30 August 20231 RON = 259.2 RWF
31 August 20231 RON = 261.2 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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

03/12/2008: New Currency Series

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

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/01/2004: East African Community

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

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.