Historic Rwandan franc South Korean Won

Rwandan franc south korean won history for February 2024. The highest quote for this month is 1.0622 (02/02/2024) and the lowest 1.0631 (21/02/2024). The difference between high and low is -0.08.

RWF KRW average rate for February 2024 is 1.05552, the change between 01/02/2024 and 29/02/2024 is -0.13 %.

01 February 20241 RWF = 1.057 KRW
02 February 20241 RWF = 1.055 KRW
03 February 20241 RWF = 1.060 KRW
04 February 20241 RWF = 1.060 KRW
05 February 20241 RWF = 1.055 KRW
06 February 20241 RWF = 1.060 KRW
07 February 20241 RWF = 1.051 KRW
08 February 20241 RWF = 1.050 KRW
09 February 20241 RWF = 1.055 KRW
12 February 20241 RWF = 1.059 KRW
13 February 20241 RWF = 1.052 KRW
14 February 20241 RWF = 1.061 KRW
15 February 20241 RWF = 1.058 KRW
16 February 20241 RWF = 1.060 KRW
17 February 20241 RWF = 1.052 KRW
18 February 20241 RWF = 1.052 KRW
19 February 20241 RWF = 1.058 KRW
20 February 20241 RWF = 1.059 KRW
21 February 20241 RWF = 1.064 KRW
22 February 20241 RWF = 1.065 KRW
23 February 20241 RWF = 1.058 KRW
24 February 20241 RWF = 1.049 KRW
25 February 20241 RWF = 1.049 KRW
26 February 20241 RWF = 1.055 KRW
27 February 20241 RWF = 1.053 KRW
28 February 20241 RWF = 1.036 KRW
29 February 20241 RWF = 1.058 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

07/04/1995: Rwandan Genocide

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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