RWF to JPY

RWF - Rwandan Franc (RF)
JPY - Japanese Yen ()
1 RWF1 JPY

Currency conversion rates from RWF to JPY

RWFJPY
1 RWF1 JPY
5 RWF5 JPY
10 RWF10 JPY
20 RWF20 JPY
50 RWF50 JPY
100 RWF100 JPY
250 RWF250 JPY
500 RWF500 JPY
1000 RWF1000 JPY
2000 RWF2000 JPY
5000 RWF5000 JPY
10000 RWF10000 JPY
JPYRWF
1 JPY1 RWF
5 JPY5 RWF
10 JPY10 RWF
20 JPY20 RWF
50 JPY50 RWF
100 JPY100 RWF
250 JPY250 RWF
500 JPY500 RWF
1000 JPY1000 RWF
2000 JPY2000 RWF
5000 JPY5000 RWF
10000 JPY10000 RWF

JPY - Japanese Yen (¥)

The Japanese yen, one of the strongest currencies in the world, is the official currency of Japan. It is the third most traded currency and is also used as a reserve currency for the British pound sterling and the US dollar. It is a fiat currency.

The Japanese Yen is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States Dollar and the Euro. The Japanese Yen is also widely used as a reserve currency after the US Dollar, Euro, and British Pound.

The Japanese Yen is the currency in Japan (JP, JPN, JAP). The Japanese Yen is divided into 100 sen. The exchange rate for the Japanese Yen was last updated on Today from The International Monetary Fund. The JPY conversion factor has 6 significant digits.

Economy

  • Japan has a strong industrial base and is home to some of the biggest and most technologically advanced producers of motor vehicles, electronics, machinery, steel and nonferrous metals, ships, chemicals, textiles, and processed foods.
  • Agricultural enterprises use 13 per cent of the land, and Japan accounts for nearly 15 percent of the global fish catch, second only to China.
  • As of 2010, Japan’s labor force consisted of about 65.9 million workers. Japan has a low unemployment rate of around 4%.
  • In 2007 almost one in six, or 20 million, Japanese people were living in poverty.
  • Housing in Japan is subject to the limited supply of available land in urban areas.

History

  • The Japanese Yen was officially adopted by the Meiji government on May 10, 1871. The new currency was gradually introduced from July of that year.
  • The Tokugawa Japanese Yen currency replaced a complex monetary system of the Edo period based on the mon.
  • The yen, basically a unit of the United States Dollar, originated like all Dollars from Spanish pieces of eight.

More information about JPY - Japanese Yen (¥)


RWF - Rwandan Franc (RWF)

Rwandan Franc

The Rwandan Franc (RWF), is the authorized tender utilized in Rwanda. The Rwandan Franc is subdivided into a hundred centimes. Banknotes and coins are both used as legal tender for the country.

The Rwandan Franc is the currency in Rwanda (RW, RWA). The symbol for RWF can be written RF. The Rwandan Franc is divided into 100 centimes. The exchange rate for the Rwandan Franc was last updated on May 24, 2019 from Yahoo Finance. The RWF conversion factor has 5 significant digits.

Economy

  • Rwanda is a very agricultural-based country with about seventy percent of the inhabitants engaged in farming. Major exports are tea and coffee.
  • Despite being land-locked with a high population and minimal resources and industry, Rwanda has been able to make significant progress in rehabilitating and stabilizing its economy.
  • The Rwandan economic system relies heavily on farm production of small, semi-subsistence, and fragmented farms.
  • By 1994, farm size was was typically less than 1 hectare, whilst inhabitant’s density was greater than 450 individuals per square kilometer.

History

  • The Franc became the foreign money of Rwanda in 1916, when Belgium captured the German territory and switched the German East African Rupee for the Belgian Congo Franc.
  • Rwanda utilized the Belgian Congo Franc until 1960, when the Burundi and Rwanda Franc was introduced.
  • Rwanda commenced issuing the Rwandan Franc in 1964.
  • In 1964, banknotes of the Rwanda and Burundi Bank of Emission were overstamped for Rwanda usage only.
  • In 1969, aluminum 1 franc coins were launched. In 1970, 2 and ½ francs were also added in aluminum.
  • Brass 50 and 20 francs were launched in 1977.
  • There is a plan to launch a standard currency, a modern East African Shilling, for 5 East African countries at the start of 2012.

More information about RWF - Rwandan Franc (RWF)