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Rwandan Franc · RWF

FRw symbol · 1 country currently using this currency.

Currency info

Adopted: 1964

Currency family: Franc

The Rwandan franc was redenominated in 2007, with 1,000 old francs becoming 1 new franc to simplify transactions.

  • Introduced in 1964 following Rwanda's independence from Belgium, replacing the Belgian franc
  • Experienced severe devaluation during the 1994 genocide and subsequent economic collapse
  • Underwent currency reform in 2007 with redenomination, removing three zeros from circulation
  • Managed by the National Bank of Rwanda since its establishment

Countries currently using this currency

Related

Historical predecessor

Belgian franc