Convert British Pound Sterling to Rwandan Franc
Please provide values below to convert British Pound Sterling [GBP] to Rwandan Franc [RWF], or Convert Rwandan Franc to British Pound Sterling.
How to Convert British Pound Sterling to Rwandan Franc
1 GBP = 0.000511409715181683 RWF
Example: convert 15 GBP to RWF:
15 GBP = 15 × 0.000511409715181683 RWF = 0.00767114572772525 RWF
British Pound Sterling to Rwandan Franc Conversion Table
British Pound Sterling | Rwandan Franc |
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.