South African rand rwandan franc exchange rate history (ZAR RWF) December 2023

South African rand rwandan franc history for December 2023. The highest quote for this month is 67.814 (16/12/2023) and the lowest 69.255 (25/12/2023). The difference between high and low is -2.12.

ZAR RWF average rate for December 2023 is 66.73936, the change between 01/12/2023 and 31/12/2023 is -3.3 %.

01 December 2023	1 ZAR = 65.17 RWF
02 December 2023	1 ZAR = 66.31 RWF
03 December 2023	1 ZAR = 66.31 RWF
04 December 2023	1 ZAR = 66.17 RWF
05 December 2023	1 ZAR = 65.50 RWF
06 December 2023	1 ZAR = 65.33 RWF
07 December 2023	1 ZAR = 65.10 RWF
08 December 2023	1 ZAR = 65.78 RWF
10 December 2023	1 ZAR = 65.33 RWF
11 December 2023	1 ZAR = 65.94 RWF
12 December 2023	1 ZAR = 65.02 RWF
13 December 2023	1 ZAR = 65.26 RWF
14 December 2023	1 ZAR = 66.59 RWF
15 December 2023	1 ZAR = 67.82 RWF
16 December 2023	1 ZAR = 67.81 RWF
17 December 2023	1 ZAR = 67.81 RWF
18 December 2023	1 ZAR = 68.05 RWF
19 December 2023	1 ZAR = 66.68 RWF
20 December 2023	1 ZAR = 67.89 RWF
21 December 2023	1 ZAR = 68.05 RWF
22 December 2023	1 ZAR = 68.69 RWF
23 December 2023	1 ZAR = 67.62 RWF
24 December 2023	1 ZAR = 67.72 RWF
25 December 2023	1 ZAR = 67.36 RWF
26 December 2023	1 ZAR = 67.43 RWF
27 December 2023	1 ZAR = 66.76 RWF
28 December 2023	1 ZAR = 67.91 RWF
29 December 2023	1 ZAR = 67.32 RWF

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

03/12/2008: New Currency Series

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

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

Historic South African rand Rwandan franc