The Rwandan Franc is the currency of Rwanda. But this has come a long way and we are going to discover the journey Rwanda has moved to where they are in terms of their currency and money. Back in , the Belgium congo franc became the currency of Rwanda replacing the German East African rupie. This was after Belgium took over Rwanda as a colony from German.
This lasted until when the Rwanda and Burundi franc came into play. Thereafter in Rwanda began issuing its own francs. Coins saw their way into Rwanda in the same year that Rwanda began issuing their own francs. This was in In a reduced sized copper-nickel 10 franc coin was issued.
In brass 20 and 50 francs were introduced and there after new series of Francs coins issued in Rwanda created provisional notes bearing original dates and signatures by handstamping 20 to francs or by embossing and francs in Regular issues of the same amounts dated to followed. In the 20 and 50 franc notes were replaced by coins and franc notes in The National Bank of Rwanda on the 24 th September , issued a redesigned franc note that depicts cows on the front and at the back are students with XO computers.
Then December , they revised the security features on the and franc notes as well as removed French descriptions on the notes. Also known as forex rate or foreign-exchange rate, exchange rate is the rate at which one currency is exchanged for another. Many money dealers in the retail currency exchange market quote a different buying rate and selling rate.
So if you are taking a trip to Rwanda or planning on one, beware of the Rwandan money and be keen to check the exchange rates before you are taken by surprise. Ass Ubwiyunge Forex Bureau, opp. Taxi Park, Rue Mont Kabuye. Cagep Forex Bureau, Ave. Taurus Forex Bureau, Ave. Your email address will not be published.
We list credible forex bereaux offering the best rates in Kigali and other towns in Rwanda. Bureaux de Change Rwanda. Leave a Reply Cancel reply Your email address will not be published.More...