# Rwandan franc

> currency of Rwanda

**Wikidata**: [Q4741](https://www.wikidata.org/wiki/Q4741)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Rwandan_franc)  
**Source**: https://4ort.xyz/entity/rwandan-franc

## Summary
The Rwandan franc is the official currency of Rwanda, introduced in 1964 following the country's independence. It is issued and regulated by the National Bank of Rwanda and serves as the primary medium of exchange for goods and services within the country.

## Key Facts
- **Name**: Rwandan franc
- **Currency Code**: RWF
- **Symbol**: RF, FRw, R₣
- **Country**: Rwanda
- **Introduced**: 1964
- **Issuer**: National Bank of Rwanda
- **Replaced**: Rwanda and Burundi franc
- **Wikipedia Sitelinks**: 50 language editions
- **Wikidata Description**: Currency of Rwanda
- **Aliases**: RWF, RF, FRw
- **Freebase ID**: /m/05yxkm
- **Nomisma ID**: Rwandese_frank
- **Yale Lux ID**: ruandiiskii-frank-7c6019
- **Image**: 100frw.png

## FAQs
**What is the Rwandan franc?**
The Rwandan franc is the official currency of Rwanda, introduced in 1964 after the country gained independence. It is used for all financial transactions within Rwanda and is regulated by the National Bank of Rwanda.

**When was the Rwandan franc introduced?**
The Rwandan franc was introduced in 1964, replacing the Rwanda and Burundi franc, which was used during the Belgian mandate period from 1960 to 1964.

**What are the symbols and codes for the Rwandan franc?**
The Rwandan franc is denoted by the currency code RWF and symbols such as RF, FRw, and R₣. These symbols are used to represent the currency in financial transactions and documentation.

**What is the role of the National Bank of Rwanda in relation to the Rwandan franc?**
The National Bank of Rwanda is the central bank responsible for issuing and regulating the Rwandan franc. It ensures the stability and integrity of the currency within the country's economy.

**How is the Rwandan franc represented in digital knowledge bases?**
The Rwandan franc is cataloged in various digital knowledge bases, including Wikidata, Freebase, and Nomisma. It has a Freebase ID of /m/05yxkm and a Nomisma ID of Rwandese_frank.

## Why It Matters
The Rwandan franc plays a crucial role in Rwanda's economy, facilitating trade, commerce, and financial transactions. As the official currency, it is essential for the country's economic stability and growth. The introduction of the Rwandan franc in 1964 marked a significant step in Rwanda's post-independence economic development, replacing the colonial-era currency and establishing a distinct national monetary system.

## Notable For
- **National Currency**: The Rwandan franc is the official currency of Rwanda, used for all financial transactions within the country.
- **Post-Independence Introduction**: Introduced in 1964, it replaced the Rwanda and Burundi franc, marking a significant milestone in Rwanda's economic history.
- **Regulation by National Bank of Rwanda**: The currency is issued and regulated by the National Bank of Rwanda, ensuring its stability and integrity.
- **Digital Representation**: The Rwandan franc is cataloged in various digital knowledge bases, including Wikidata, Freebase, and Nomisma, ensuring its historical and economic data remains accessible.
- **Multilingual Documentation**: The currency is documented in 50 different Wikipedia language editions, reflecting its global recognition and importance.

## Body

### Introduction and Historical Context
The Rwandan franc is the official currency of Rwanda, a landlocked country in East Africa. It was introduced in 1964, following Rwanda's independence, replacing the Rwanda and Burundi franc that was used during the Belgian mandate period from 1960 to 1964. The introduction of the Rwandan franc marked a significant step in the country's economic development and sovereignty.

### Currency Specifications
The Rwandan franc is denoted by the currency code RWF and symbols such as RF, FRw, and R₣. These symbols are used to represent the currency in financial transactions and documentation. The currency is regulated by the National Bank of Rwanda, which ensures its stability and integrity within the country's economy.

### Digital and Knowledge Base Representation
The Rwandan franc is cataloged in various digital knowledge bases, including Wikidata, Freebase, and Nomisma. It has a Freebase ID of /m/05yxkm and a Nomisma ID of Rwandese_frank. The currency is also documented in 50 different Wikipedia language editions, reflecting its global recognition and importance.

### Historical Predecessor
Before the introduction of the Rwandan franc, the Rwanda and Burundi franc was used in the Belgian mandate territory of Ruanda-Urundi from 1960 to 1964. This currency was replaced by the Rwandan franc in 1964, marking the beginning of Rwanda's independent monetary system.

### Role in Rwanda's Economy
The Rwandan franc plays a crucial role in Rwanda's economy, facilitating trade, commerce, and financial transactions. As the official currency, it is essential for the country's economic stability and growth. The National Bank of Rwanda is responsible for issuing and regulating the currency, ensuring its stability and integrity.

### International Recognition
The Rwandan franc is recognized internationally and is documented in various digital knowledge bases and Wikipedia language editions. This recognition reflects the currency's importance in Rwanda's economic development and its role in the global economy.

### Conclusion
The Rwandan franc is a vital component of Rwanda's economic system, introduced in 1964 to replace the colonial-era currency. It is regulated by the National Bank of Rwanda and is documented in various digital knowledge bases, ensuring its historical and economic data remains accessible. The currency's introduction marked a significant milestone in Rwanda's post-independence economic development.

## References

1. Freebase Data Dumps. 2013