Convert Rwandan Franc to Lebanese Pound
Please provide values below to convert Rwandan Franc [RWF] to Lebanese Pound [LBP], or Convert Lebanese Pound to Rwandan Franc.
How to Convert Rwandan Franc to Lebanese Pound
1 RWF = 0.0161717519553073 LBP
Example: convert 15 RWF to LBP:
15 RWF = 15 × 0.0161717519553073 LBP = 0.242576279329609 LBP
Rwandan Franc to Lebanese Pound Conversion Table
Rwandan Franc | Lebanese Pound |
---|
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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.