11 February 2019

Rwanda introduced new banknotes!

The National Bank of Rwanda released a new series of FRW 500 and FRW 1000 banknotes in Rwanda today. The FRW 500 banknote is brown in color, different from the current blue, while the FRW 1000 banknote retains its blue color. Both denominations were redesigned with enhanced security features to beat counterfeiters. The old banknotes were worn out but will continue to be used alongside the new ones for the next three years until the old notes are out of circulation.

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