Convert Euro to Rwandan Franc
Please provide values below to convert Euro [EUR] to Rwandan Franc [RWF], or Convert Rwandan Franc to Euro.
How to Convert Euro to Rwandan Franc
1 EUR = 0.000589136806451528 RWF
Example: convert 15 EUR to RWF:
15 EUR = 15 × 0.000589136806451528 RWF = 0.00883705209677292 RWF
Euro to Rwandan Franc Conversion Table
| Euro | Rwandan Franc |
|---|
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.