CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the Currency of Rwanda?
A
Shilling
B
Franc
C
Rand
D
Euro
Explanation: 

Detailed explanation-1: -The Rwandan franc (Rwf) is the principal currency, although US dollars are widely accepted. Expect to pay for local services in cash, in Rwandan francs.

Detailed explanation-2: -The Rwandan Franc is the dominant currency and you should expect to pay for transport and in smaller shops using cash. There are ATMs in Kigali, but not all of them accept foreign cards.

Detailed explanation-3: -Many vendors do not accept cards, however, so it’s a good idea to carry a few hundred dollars’ worth of hard currency cash as a fall back. The Euro is the most readily accepted hard currency bit US dollars and to a lesser extent British pounds sterling are also widely recognised.

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