Historic Rwandan franc Icelandic Krona

Rwandan franc icelandic krona history for August 2023. The highest quote for this month is 0.11383 (07/08/2023) and the lowest 0.11351 (07/08/2023). The difference between high and low is 0.28.

RWF ISK average rate for August 2023 is 0.11239, the change between 01/08/2023 and 31/08/2023 is +1.76 %.

01 August 20231 RWF = 0.1123 ISK
02 August 20231 RWF = 0.1121 ISK
03 August 20231 RWF = 0.1134 ISK
04 August 20231 RWF = 0.1132 ISK
07 August 20231 RWF = 0.1138 ISK
08 August 20231 RWF = 0.1135 ISK
09 August 20231 RWF = 0.1130 ISK
10 August 20231 RWF = 0.1126 ISK
11 August 20231 RWF = 0.1126 ISK
14 August 20231 RWF = 0.1127 ISK
15 August 20231 RWF = 0.1125 ISK
16 August 20231 RWF = 0.1124 ISK
17 August 20231 RWF = 0.1128 ISK
18 August 20231 RWF = 0.1123 ISK
21 August 20231 RWF = 0.1130 ISK
22 August 20231 RWF = 0.1119 ISK
23 August 20231 RWF = 0.1122 ISK
24 August 20231 RWF = 0.1117 ISK
25 August 20231 RWF = 0.1122 ISK
28 August 20231 RWF = 0.1120 ISK
29 August 20231 RWF = 0.1118 ISK
30 August 20231 RWF = 0.1108 ISK
31 August 20231 RWF = 0.1103 ISK

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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

03/12/2008: New Currency Series

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

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
RWF ISK August 2023
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