About the Rwandan Franc
The Rwandan Franc was introduced in 1964, replacing the Rwanda and Burundi franc after the dissolution of their monetary union. It has seen several devaluations over its history.
The name 'Franc' is a legacy of Belgian colonial rule.
Interesting Facts
A Currency of Recovery
The Rwandan Franc has been central to Rwanda's remarkable economic recovery and growth since the 1994 genocide, a testament to the nation's resilience.
The Land of a Thousand Hills
Rwandan banknotes prominently feature the country's stunning landscapes, unique wildlife (like mountain gorillas), and key agricultural products like coffee and tea.
East African Community Currency
As a member of the East African Community, Rwanda is working towards a common East African currency, which would eventually replace the Rwandan Franc.
Historical Timeline
Rwanda gains independence from Belgium.
The Rwandan Franc is introduced.
The Rwandan genocide causes severe economic disruption.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- RWF
- Symbol
- FRw
- Numeric Code
- 646
- Subunit
- Centime (1/100)
- Introduced
- 1964-01-01
Central Bank
- Name
- National Bank of Rwanda
- Headquarters
- Kigali, Rwanda
- Founded
- 1964
- Current Governor
- John Rwangombwa (since 2013)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 15.0%
- Interest Rate
- 7.50%
Exchange Rates
What Affects the RWF Exchange Rate?
Ready to Convert RWF?
Get real-time exchange rates and convert Rwandan Franc to any currency.
