Historic Rwandan franc South Korean Won

Rwandan franc south korean won history for January 2024. The highest quote for this month is 1.0763 (17/01/2024) and the lowest 1.067 (18/01/2024). The difference between high and low is 0.86.

RWF KRW average rate for January 2024 is 1.05229, the change between 01/01/2024 and 31/01/2024 is -1.56 %.

01 January 20241 RWF = 1.037 KRW
02 January 20241 RWF = 1.036 KRW
03 January 20241 RWF = 1.037 KRW
04 January 20241 RWF = 1.047 KRW
05 January 20241 RWF = 1.049 KRW
06 January 20241 RWF = 1.048 KRW
07 January 20241 RWF = 1.047 KRW
08 January 20241 RWF = 1.054 KRW
09 January 20241 RWF = 1.049 KRW
10 January 20241 RWF = 1.056 KRW
11 January 20241 RWF = 1.054 KRW
12 January 20241 RWF = 1.049 KRW
14 January 20241 RWF = 1.044 KRW
15 January 20241 RWF = 1.035 KRW
16 January 20241 RWF = 1.047 KRW
17 January 20241 RWF = 1.067 KRW
18 January 20241 RWF = 1.068 KRW
19 January 20241 RWF = 1.063 KRW
22 January 20241 RWF = 1.049 KRW
23 January 20241 RWF = 1.063 KRW
24 January 20241 RWF = 1.064 KRW
25 January 20241 RWF = 1.056 KRW
26 January 20241 RWF = 1.062 KRW
28 January 20241 RWF = 1.060 KRW
29 January 20241 RWF = 1.063 KRW
30 January 20241 RWF = 1.058 KRW
31 January 20241 RWF = 1.053 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.