Historic Rwandan franc Hong Kong dollar

Rwandan franc hong kong dollar history for February 2024. The highest quote for this month is 0.006218 (15/02/2024) and the lowest 0.006256 (02/02/2024). The difference between high and low is -0.61.

RWF HKD average rate for February 2024 is 0.0062, the change between 01/02/2024 and 29/02/2024 is -0.31 %.

01 February 20241 RWF = 0.0062 HKD
02 February 20241 RWF = 0.0062 HKD
03 February 20241 RWF = 0.0062 HKD
04 February 20241 RWF = 0.0062 HKD
05 February 20241 RWF = 0.0062 HKD
06 February 20241 RWF = 0.0062 HKD
07 February 20241 RWF = 0.0062 HKD
08 February 20241 RWF = 0.0062 HKD
09 February 20241 RWF = 0.0062 HKD
12 February 20241 RWF = 0.0062 HKD
13 February 20241 RWF = 0.0062 HKD
14 February 20241 RWF = 0.0062 HKD
15 February 20241 RWF = 0.0062 HKD
16 February 20241 RWF = 0.0062 HKD
17 February 20241 RWF = 0.0062 HKD
18 February 20241 RWF = 0.0062 HKD
19 February 20241 RWF = 0.0062 HKD
20 February 20241 RWF = 0.0062 HKD
21 February 20241 RWF = 0.0062 HKD
22 February 20241 RWF = 0.0062 HKD
23 February 20241 RWF = 0.0062 HKD
24 February 20241 RWF = 0.0062 HKD
25 February 20241 RWF = 0.0062 HKD
26 February 20241 RWF = 0.0062 HKD
27 February 20241 RWF = 0.0062 HKD
28 February 20241 RWF = 0.0061 HKD
29 February 20241 RWF = 0.0062 HKD

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.

03/12/2008: New Currency Series

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

07/04/1995: Rwandan Genocide

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

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.