The Rwandan franc (RWF) is Rwanda's official currency, meaning that Rwandese use it to pay for various goods and services. 1 US dollar equals 1,005.00 RWF. When this country was under German rule, the currency here was the German East African Rupee. But in 1916, Rwandese began using the Belgian Congo franc after Belgium overthrew Germany.
Rwanda attained its independence in 1962. Two years later, the issuance of its francs began. The coins came in 1, 5 & 10 francs, and they were made from different metals. For instance, Bronze was used in the 5 francs, while cupronickel made the 1 & 10 francs. A few years later, Aluminum was utilized to manufacture ½, 1, and 2 francs. Then, in 1974, a smaller 10 franc coin was introduced, and like the previous 10 francs, it also came in copper-nickel material.
By 2008, the Rwandan franc was available in 1, 5, 10, 20, 50, and 100 francs (coins), some of which were made from nickel-plated steel. Today, you can also find 500, 1,000, 2,000, and 5,000 francs banknotes. Some of these feature similar designs but various colors to enable Rwandese to distinguish them. They are also made with quality paper to minimize wear.