The
Franc was adopted as the Country’s currency from Belgium
during the colonial era. Then known as the Belgian Congo Franc,
the currency was introduced in 1916. In 1960 the Rwandan Franc
(RWF) was introduced as the official currency.
Denominations:
One Rwandan Franc is equivalent to 100 Centimes. Coin denominations
exist for 1, 5, 10, 20 and 50 Centimes. Banknotes exist for 100,
500, 1000 and 5000 Francs.
Exchange Rates against major currencies:
At the time of writing (June 2006), 1 $ US was equivalent to
539.25 Rwandan Franc, 1 British Sterling Pound was equivalent
to 991.63 Rwandan Franc and 1 Euro was equivalent to 676.57 Rwandan
Franc.
