Convert Bitcoin to Rwandan Franc
Please provide values below to convert Bitcoin [BTC] to Rwandan Franc [RWF], or Convert Rwandan Franc to Bitcoin.
How to Convert Bitcoin to Rwandan Franc
1 BTC = 5.83810535108953e-09 RWF
Example: convert 15 BTC to RWF:
15 BTC = 15 × 5.83810535108953e-09 RWF = 8.7571580266343e-08 RWF
Bitcoin to Rwandan Franc Conversion Table
| Bitcoin | Rwandan Franc |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.