THB to RWF

THB - Thai Baht (THB)
RWF - Rwandan Franc (RF)
1 THB1 RWF

Currency conversion rates from THB to RWF

THBRWF
1 THB1 RWF
5 THB5 RWF
10 THB10 RWF
20 THB20 RWF
50 THB50 RWF
100 THB100 RWF
250 THB250 RWF
500 THB500 RWF
1000 THB1000 RWF
2000 THB2000 RWF
5000 THB5000 RWF
10000 THB10000 RWF
RWFTHB
1 RWF1 THB
5 RWF5 THB
10 RWF10 THB
20 RWF20 THB
50 RWF50 THB
100 RWF100 THB
250 RWF250 THB
500 RWF500 THB
1000 RWF1000 THB
2000 RWF2000 THB
5000 RWF5000 THB
10000 RWF10000 THB

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)


THB - Thai Baht (฿)

The Thai baht is the currency of Thailand. Its code is THB, and it’s also denoted with the symbol ฿. The baht is the tenth most frequently used currency in the world, and is one of the strongest currencies in southeast Asia. The most popular Thai baht exchange is with the euro. The Thai baht has 6 significant currency conversion digits. It is considered fiat money.

Thai Baht is the official currency of the Kingdom of Thailand. It is divided into 100 satang. The Baht is rated as one of the strongest currencies in Southeast Asia. The Bank of Thailand issues the currency.

The Thai Baht is the currency in Thailand (TH, THA). The Thai Baht is also known as Bahts, and Onshore Baht. The symbol for THB can be written Bht, and Bt. The Thai Baht is divided into 100 stang. The exchange rate for the Thai Baht was last updated on Today from The International Monetary Fund. The THB conversion factor has 6 significant digits.

Economy

  • The economy of Thailand is a developed, commercialized economy. It is heavily export-dependent; exports account for more than two-thirds of the GDP.
  • The bank of Thailand introduced a series of exchange controls on December 19, 2006 that resulted in a major divergence between offshore and onshore exchange rates, with difference of up to 10% between the two markets.
  • Restrictions were imposed on March 3rd, 2008 and now there is no noticeable difference between offshore and onshore exchange rates.

History

  • The history of Thai currency goes back to the creation of a medium of exchange that was used in Thailand before the first century.
  • The original Thai currency was called the Tical; this name was used in the English text on banknotes until the year 1925. The name Baht was used as the Thai name for the currency since the 19th century.
  • Both the Tical and Baht currencies were originally units of weight, and coins were issued in both silver and gold, denominated by their weight in Baht and its fractions and multiples.
  • The Baht has been the national currency since 1897 and had been in use even before it was considered the national currency.

More information about THB - Thai Baht (฿)