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

South African rand rwandan franc history for November 2023. The highest quote for this month is 67.735 (15/11/2023) and the lowest 67.21 (16/11/2023). The difference between high and low is 0.78.

ZAR RWF average rate for November 2023 is 65.97738, the change between 01/11/2023 and 30/11/2023 is -0.55 %.

01 November 2023	1 ZAR = 65.37 RWF
02 November 2023	1 ZAR = 66.03 RWF
03 November 2023	1 ZAR = 66.33 RWF
06 November 2023	1 ZAR = 65.90 RWF
07 November 2023	1 ZAR = 66.59 RWF
08 November 2023	1 ZAR = 66.44 RWF
09 November 2023	1 ZAR = 66.01 RWF
10 November 2023	1 ZAR = 65.46 RWF
12 November 2023	1 ZAR = 65.24 RWF
13 November 2023	1 ZAR = 64.68 RWF
14 November 2023	1 ZAR = 65.93 RWF
15 November 2023	1 ZAR = 67.12 RWF
16 November 2023	1 ZAR = 67.33 RWF
17 November 2023	1 ZAR = 66.70 RWF
18 November 2023	1 ZAR = 66.69 RWF
19 November 2023	1 ZAR = 66.69 RWF
20 November 2023	1 ZAR = 66.20 RWF
21 November 2023	1 ZAR = 66.91 RWF
22 November 2023	1 ZAR = 65.83 RWF
23 November 2023	1 ZAR = 64.83 RWF
24 November 2023	1 ZAR = 65.04 RWF
26 November 2023	1 ZAR = 65.31 RWF
27 November 2023	1 ZAR = 64.87 RWF
28 November 2023	1 ZAR = 65.92 RWF
29 November 2023	1 ZAR = 66.28 RWF
30 November 2023	1 ZAR = 65.73 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