Historic South African rand Rwandan franc

South African rand rwandan franc history for January 2024. The highest quote for this month is 68.111 (01/01/2024) and the lowest 68.42 (02/01/2024). The difference between high and low is -0.45.

ZAR RWF average rate for January 2024 is 67.0693, the change between 01/01/2024 and 31/01/2024 is +1.76 %.

01 January 20241 ZAR = 68.30 RWF
02 January 20241 ZAR = 68.25 RWF
03 January 20241 ZAR = 67.95 RWF
04 January 20241 ZAR = 66.99 RWF
05 January 20241 ZAR = 66.89 RWF
06 January 20241 ZAR = 67.23 RWF
07 January 20241 ZAR = 67.23 RWF
08 January 20241 ZAR = 66.75 RWF
09 January 20241 ZAR = 67.33 RWF
10 January 20241 ZAR = 67.08 RWF
11 January 20241 ZAR = 67.09 RWF
12 January 20241 ZAR = 67.11 RWF
14 January 20241 ZAR = 67.61 RWF
15 January 20241 ZAR = 68.21 RWF
16 January 20241 ZAR = 67.57 RWF
17 January 20241 ZAR = 66.16 RWF
18 January 20241 ZAR = 65.94 RWF
19 January 20241 ZAR = 66.49 RWF
22 January 20241 ZAR = 66.88 RWF
23 January 20241 ZAR = 65.60 RWF
24 January 20241 ZAR = 66.46 RWF
25 January 20241 ZAR = 66.74 RWF
26 January 20241 ZAR = 66.63 RWF
28 January 20241 ZAR = 67.17 RWF
29 January 20241 ZAR = 67.03 RWF
30 January 20241 ZAR = 67.10 RWF
31 January 20241 ZAR = 67.10 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.