Convert New Taiwan Dollar to Rwandan Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Rwandan Franc [RWF], or Convert Rwandan Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Rwandan Franc
1 TWD = 0.0202884980901245 RWF
Example: convert 15 TWD to RWF:
15 TWD = 15 × 0.0202884980901245 RWF = 0.304327471351867 RWF
New Taiwan Dollar to Rwandan Franc Conversion Table
| New Taiwan Dollar | Rwandan Franc |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.