Rwandan Franc

Rwandan Franc

The Rwandan franc (sign: FRw, and possibly RF or R₣; ISO 4217: RWF) is the currency of Rwanda. It is subdivided into 100 centimes.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1153 Rwandan Franc to British Pound exchange rates chart

1153 RWF to GBP exchange rates graph
1153 RWF to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1153 RWF to GBP exchange rates table

Exchange RWF to GBP
1153 Rwandan Franc = 1.017 British Pound
2306 Rwandan Franc = 2.033 British Pound
5765 Rwandan Franc = 5.084 British Pound
11530 Rwandan Franc = 10.167 British Pound
Exchange Rwandan Franc to British Pound
1153 Rwandan Franc to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1153 RWF to GBP exchange rates news

Mass Graves Discovered Rwandan Genocide

More than 200 bodies have been exhumed from one of the graves and 156 have been exhumed from another.

1 day conditional positive
A trip to to Rwanda’s volcanic mountains to track the world’s largest ape

Everything you need to know about this fascinating journey. - A trip to to Rwanda's volcanic mountains to track the world's largest ape

about 2 months conditional neutral
Rwanda is in a dispute over how it measures poverty

A change in the definition of poverty could alter how the country is perceived globally.

about 2 months indicative neutral
Overstock Rwanada Launch Blockchain Land Rights Platform
Overstock Rwanada Launch Blockchain Land Rights Platform

Medici Ventures, Overstock's crypto subsidiary, has partnered with the government in Rwanda to develop a blockchain platform for land rights.

2 months conditional positive
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

5 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

11 days indicative neutral

1153 RWF to GBP currency converter