Rwandan Franc to Euro — exchange rate

Country of Circulation: Rwanda

Currency Code, Symbol: RWF, FRw

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50 and 100 francs

Denominations of banknotes in circulation: 500, 1000, 2000, 5000 francs

History: The Rwandan franc (FRw) is the national currency used on the territory of a state located in East Africa, Rwanda. It is only accepted within this country. RWF is an international abbreviation used in the financial arenas and in currency exchange.The Rwandan franc is subdivided into centimes. Every RWF has 100 centimes. The currency has been established in 1964. Previously, the Rwanda and Burundi franc was in use. The state does not have its own treasury. It uses foreign services to print banknotes. Thus, the latest series are printed in Russia.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More