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 2023 | 1 USD = 1146.68 RWF |
25 July 2023 | 1 USD = 1163.00 RWF |
31 July 2023 | 1 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.