Convert Philippine Peso to Rwandan Franc
Please provide values below to convert Philippine Peso [PHP] to Rwandan Franc [RWF], or Convert Rwandan Franc to Philippine Peso.
How to Convert Philippine Peso to Rwandan Franc
1 PHP = 0.0393418608819102 RWF
Example: convert 15 PHP to RWF:
15 PHP = 15 × 0.0393418608819102 RWF = 0.590127913228654 RWF
Philippine Peso to Rwandan Franc Conversion Table
| Philippine Peso | Rwandan Franc |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.