Convert Azerbaijani Manat to Rwandan Franc
Convert Azerbaijani Manat (AZN) to Rwandan Franc (RWF) using daily updated exchange rates.
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About Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, reintroduced as the "new manat" in 2006 to replace the old manat at a rate of 5,000 to 1. The Central Bank of the Republic of Azerbaijan issues the manat, which is divided into 100 qapik. Azerbaijan's economy is strongly driven by oil and natural gas exports from the Caspian Sea region, making the manat's value closely tied to energy commodity prices. The currency experienced a significant devaluation in 2015-2016 when oil prices fell sharply. The manat's name derives from the Russian word for "coin".
About Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, a small but remarkable East African nation that has rebuilt itself after the devastating genocide of 1994 into one of Africa's fastest growing economies and a regional leader in good governance, technology, and financial services. The National Bank of Rwanda manages monetary policy. Rwanda's economic model, driven by President Kagame's government, has pursued ambitious development plans focusing on tourism (gorilla trekking), financial services, ICT, and manufacturing. The country has consistently achieved high GDP growth rates.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).