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RWF / ZAR

Live market data
Rwandan franc / South African Rand
0.01123 ZAR
Updated 11 mins ago
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Description

The Rwandan franc is the official currency of Rwanda, a landlocked East African nation. Issued by the National Bank of Rwanda, it is subdivided into 100 centimes, though centime coins are no longer in circulation. The franc was introduced in 1964, replacing the former Belgian Congo franc at par, and has since been the backbone of Rwanda's monetary policy.

Rwanda’s economy has seen steady growth, and the franc has been managed through a managed float regime since 2013, allowing for greater flexibility in foreign exchange markets. The currency is commonly denoted as FRw and is used alongside a growing digital payment ecosystem, reflecting the country's rapid adoption of mobile money and fintech solutions.

Key Facts
Market Code RWF
Currency Name Rwandan franc
Native Name Ifaranga ry’u Rwanda
Country Rwanda
Country Code RW
Demonym Rwandan
Sub-unit centime
Languages Spoken Kinyarwanda, French, English
Symbol FRw
Issuer National Bank of Rwanda
Current Price 0.01123 ZAR
24h Ago Price 0.01129 ZAR
24h Change -0.49%
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Last Updated 7 October 2026, 06:00:03