Historic Rwandan franc Indian Rupee

Rwandan franc indian rupee history for February 2024. The highest quote for this month is 0.066027 (15/02/2024) and the lowest 0.066279 (02/02/2024). The difference between high and low is -0.38.

RWF INR average rate for February 2024 is 0.06576, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 20241 RWF = 0.0658 INR
02 February 20241 RWF = 0.0658 INR
03 February 20241 RWF = 0.0657 INR
04 February 20241 RWF = 0.0657 INR
05 February 20241 RWF = 0.0654 INR
06 February 20241 RWF = 0.0660 INR
07 February 20241 RWF = 0.0658 INR
08 February 20241 RWF = 0.0657 INR
09 February 20241 RWF = 0.0658 INR
12 February 20241 RWF = 0.0661 INR
13 February 20241 RWF = 0.0657 INR
14 February 20241 RWF = 0.0657 INR
15 February 20241 RWF = 0.0663 INR
16 February 20241 RWF = 0.0663 INR
17 February 20241 RWF = 0.0656 INR
18 February 20241 RWF = 0.0656 INR
19 February 20241 RWF = 0.0659 INR
20 February 20241 RWF = 0.0660 INR
21 February 20241 RWF = 0.0661 INR
22 February 20241 RWF = 0.0662 INR
23 February 20241 RWF = 0.0660 INR
24 February 20241 RWF = 0.0654 INR
25 February 20241 RWF = 0.0654 INR
26 February 20241 RWF = 0.0658 INR
27 February 20241 RWF = 0.0655 INR
28 February 20241 RWF = 0.0645 INR
29 February 20241 RWF = 0.0658 INR

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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/12/2008: New Currency Series

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

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.