Historic United States dollar Rwandan franc

United States dollar rwandan franc history for July 2023. The highest quote for this month is 1179.9 (31/07/2023) and the lowest 1165 (31/07/2023). The difference between high and low is 1.26.

USD RWF average rate for July 2023 is 1162.13667, the change between 01/07/2023 and 31/07/2023 is -2.62 %.

05 July 20231 USD = 1146.68 RWF
25 July 20231 USD = 1163.00 RWF
31 July 20231 USD = 1176.73 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.

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.

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.

01/12/1973: 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.