History The franc became the currency of Rwanda in 1916, when Belgium occupied the previously German colony and the Belgian Congo franc replaced the German East African rupie.

The franc was introduced at par with the French franc.

Uses either the West African CFA franc or Central African CFA franc (C.F.A.).

Decolonizing the Franc Zone

Another devaluation of the CFA franc today might deflate France s debts to the franc zone and boost its African based export industries, but it would worsen the franc zone countries miseries.

Even Switzerland is intervening to weaken the franc.

The franc is the currency of French Polynesia.

The net reduced requirements of 13.6 million for the International Criminal Tribunal for Rwanda relate to exchange rate fluctuations in respect of the Tanzanian shilling ( 14.7 million), partially offset by additional requirements in respect of the Rwandan franc ( 1.1 million).

Since 1945, it has been part of the CFP franc.

History The franc became the currency of Burundi in 1916, when Belgium occupied the former Germany colony and replaced the German East African rupie with the Belgian Congo franc.

Rwanda

Rwanda

Rwanda

But the franc zone countries did not fare nearly so well.

In 1999, the Euro was introduced to replace the French franc.

The base colours of the new notes were kept similar to the old ones, except that the 20 franc note was changed from blue to red to prevent a frequent confusion with the 100 franc note, and that the 10 franc note was changed from red to yellow.

The CFA franc is convertible in euros and freely transferable to France, whose companies control the lion s share of the franc zone s private sector and receive most of its public contracts.

In 1945, Switzerland joined the Bretton Woods system and pegged the franc to the U.S. dollar at a rate of 1 4.30521 francs (equivalent to 1 franc 0.206418 grams of gold).

The franc zone is, in fact, an appendage of the French economy.

It was the largest plunge of the franc ever against the euro.

22 Communauté financière du Pacifique franc (CFP fr) 1 euro 119.2 CFP.

Against Rwanda

Rwanda, Uganda.

The CFA franc was sharply devalued in 1994, and outstanding debts were reduced.

Rignieux le Franc is a commune in the Ain department in eastern France.

On January 1, 2008, the franc was valued at 1,129.40 per US dollar.

It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.

United Nations Observer Mission Uganda Rwanda and United Nations Assistance Mission for Rwanda

United Nations Observer Mission Uganda Rwanda and United Nations Assistance Mission for Rwanda

Against Rwanda, Uganda

Learning from Rwanda

Egypt, Rwanda, Uganda.

The ensuing economic difficulties were exacerbated under President François Mitterrand, whose prime minister, Pierre Bérégovoy, pursued a strong French franc a policy that ultimately led to a massive 100 devaluation of the CFA franc in 1994.

Judgements are broadcast live in Rwanda by means of a telephone link to Radio Rwanda.

From the end of World War II until the adoption of the euro, France devalued its own franc 14 times in order to bolster competiveness and exports, with the CFA franc devalued along with it each time.

Against Egypt, Rwanda, Uganda

Rwanda has experienced both.

The situation concerning Rwanda.

Sylvie KAYITESI ZAINABO (Rwanda)

This gap should encourage the franc zone s member countries to reject their relationship with France.

The franc zone s plight is being compounded by distorted and dysfunctional economic and monetary policies.

This was changed to 1 4.375 francs (1 franc 0.203125 grams of gold) in 1949.

Only during the period when Burundi used the Belgian Congo franc were centime coins issued.

The franc was the currency of the Swiss canton of Geneva between 1839 and 1850.

The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.