- Monetary unit:
the Country code:
- Rwanda, Republic
- of 24 950 sq. km
- a Kinyarwanda (state), French and local dialects
- RW (RWA) 646
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Monetary unit of Republic of Rwanda is the franc Rwanda making 100 centimes and manufactured by the National bank of Rwanda.
With 1919 In the Belgium formed under the mandate of territory of Rwanda-Urundi as monetary unit the Congolese franc has been entered. The franc of the Rwanda-Urundi which has saved a former parity parity with a Belgian franc became monetary unit since 1960. After education of two independent states - Kingdoms Burundis (on November, 28th, 1966 Burundi became republic) and Republics of Rwanda - between them in 1962 the agreement on currency and the customs union has been entered into. The franc of Rwanda and Burundi became their general currency which parity remained without changes, and the central bank has been renamed into the Issuing house of Rwanda and Burundi. In 1964 of Burundi and Rwanda have created national issuing institutes and have entered native currencies - franc Burundi and franc of Rwanda. Thus, national independence has been follow-up fixed received by Rwanda on July, 1st, 1962.
In a cash turn-over there are denominations of denomination of 100 (!), 500, 1000, 2000 and 5000 francs. Notes of some nominal values have some modifications.
The National bank of Rwanda (BNR) declared that notes of 100 francs have ceased to be a lawful legal tender, since December, 31st, 2009.
On all token moneys of Republic of Rwanda at this or that kind there is a plotting of the State Emblem of the country representing a board on which in a triangle are represented an onion with arrows, over a board the eagle, under a board - a palm branch on a roll and the crossed flags is represented.
It is updated 03.2012