Convert Saudi Riyal to Rwandan Franc
Please provide values below to convert Saudi Riyal [SAR] to Rwandan Franc [RWF], or Convert Rwandan Franc to Saudi Riyal.
How to Convert Saudi Riyal to Rwandan Franc
1 SAR = 0.00259090304232817 RWF
Example: convert 15 SAR to RWF:
15 SAR = 15 × 0.00259090304232817 RWF = 0.0388635456349226 RWF
Saudi Riyal to Rwandan Franc Conversion Table
Saudi Riyal | Rwandan Franc |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.