Ruanda-Urundi Franc
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Ruanda-Urundi Franc
The Ruanda-Urundi franc was a currency issued for the Belgian mandate territory of Ruanda-Urundi in 1960–62 which continued to circulate within its successor states of Rwanda and Burundi until 1964. The currency replaced the Belgian Congo franc which had also circulated in Ruanda-Urundi from 1916–60 when the Belgian Congo became independent, leaving Ruanda-Urundi as the sole Belgian colonial possession in Africa. With the independence of Rwanda and Burundi in 1962, the shared Ruanda-Urundi franc continued to circulate until 1964 when it was eventually replaced by two separate national currencies. History The franc became the currency of Rwanda and Burundi in 1916, when the two countries were occupied by Belgium and the Belgian Congo franc replaced the German East African rupie. In 1960, the Belgian Congo franc was replaced by the Ruanda-Urundi franc, issued by the "Issuing Bank of Rwanda and Burundi" (''Banque d'Emission du Rwanda et du Burundi'', BERB). This circulated a ...
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Belgian Colonial Empire
Belgium controlled several territories and concessions during the colonial era, principally the Belgian Congo (modern DRC) from 1908 to 1960 and Ruanda-Urundi (modern Rwanda and Burundi) from 1922 to 1962. It also had small concessions in Guatemala (1843–1854) and in China (1902–1931) and was a co-administrator of the Tangier International Zone in Morocco. Roughly 98% of Belgium's overseas territory was just one colony (about 76 times larger than Belgium itself) – known as the Belgian Congo. The colony was founded in 1908 following the transfer of sovereignty from the Congo Free State, which was the personal property of Belgium's king, Leopold II. The violence used by Free State officials against indigenous Congolese and the ruthless system of economic extraction had led to intense diplomatic pressure on Belgium to take official control of the country. Belgian rule in the Congo was based on the "colonial trinity" (''trinité coloniale'') of state, missionary and privat ...
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Katangese Franc
The Katangese franc (french: franc katangais), was the currency of the unrecognized State of Katanga between 1960 and 1963 during its brief period of independence from the Republic of the Congo. It replaced the Congolese franc at par and was consequently initially equal to the Belgian franc. This established an exchange rate of 50 francs = 1 U.S. dollar. Just before Katanga was re-annexed by Congo, the exchange rate had fallen to 195 francs = 1 U.S. dollar. The currency was replaced at par by the Congolese franc. Coins Bronze coins were issued in 1961 in denominations of 1 and 5 francs. A non-circulating gold 5 francs coin was also issued for collectors. Only one set containing 1 francs and 5 francs were ever made, and they remain readily available to collectors at nominal cost. Their design shows a copper cross, which was locally used for money in precolonial times. Banknotes In 1961, a provisional issue of notes was produced by the government. These were overprinted on note ...
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1964 Disestablishments In Rwanda
Events January * January 1 – The Federation of Rhodesia and Nyasaland is dissolved. * January 5 - In the first meeting between leaders of the Roman Catholic and Orthodox churches since the fifteenth century, Pope Paul VI and Patriarch Athenagoras I of Constantinople meet in Jerusalem. * January 6 – A British firm, the Leyland Motor Corp., announces the sale of 450 buses to the Cuban government, challenging the United States blockade of Cuba. * January 9 – '' Martyrs' Day'': Armed clashes between United States troops and Panamanian civilians in the Panama Canal Zone precipitate a major international crisis, resulting in the deaths of 21 Panamanians and 4 U.S. soldiers. * January 11 – United States Surgeon General Luther Terry reports that smoking may be hazardous to one's health (the first such statement from the U.S. government). * January 12 ** Zanzibar Revolution: The predominantly Arab government of Zanzibar is overthrown by African nationalist rebels; a Un ...
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1960 Establishments In Ruanda-Urundi
Year 196 ( CXCVI) was a leap year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 ''Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the '' Jian'an era of the Chinese Han Dynasty. * Emperor Xian o ...
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Currencies Of Burundi
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Currencies Of Rwanda
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Currencies Of Africa
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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State Of Katanga
The State of Katanga; sw, Inchi Ya Katanga) also sometimes denoted as the Republic of Katanga, was a breakaway state that proclaimed its independence from Congo-Léopoldville on 11 July 1960 under Moise Tshombe, leader of the local ''Confédération des associations tribales du Katanga'' (CONAKAT) political party. The new Katangese state did not enjoy full support throughout the province and was constantly plagued by ethnic strife in its northernmost region. It was dissolved in 1963 following an invasion by United Nations Operation in the Congo (ONUC) forces, and reintegrated with the rest of the country as Katanga Province. The Katangese secession was carried out with the support of Union Minière du Haut Katanga, a mining company with concession rights in the region, and a large contingent of Belgian military advisers. An army the government called the Katanga Gendarmerie, raised by the Tshombe government, was initially organised and trained by Belgium's military and ...
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Rwandan Franc
The Rwandan franc (sign: FRw,National Bank of Rwanda.Currency characteristics" Accessed 2017-02-20. and possibly RF or R₣; ISO 4217: RWF) is the currency of Rwanda. It is subdivided into 100 centimes.National Bank of Rwanda.Legal tender." Accessed 2011-02-25. 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. Rwanda used the currency of the Belgian Congo until 1960, when the Rwanda and Burundi franc was introduced. Rwanda began issuing its own francs in 1964, two years after gaining independence. A proposal exists to introduce a common currency, a new East African shilling, for the five member states of the East African Community. Whilst originally scheduled to occur by the end of 2012, as of December 2020, a common currency has still yet to be introduced. Coins In 1964, coins were introduced for 1, 5 and 10 francs, with the 1 and 10 francs in cupronic ...
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Ruanda-Urundi
Ruanda-Urundi (), later Rwanda-Burundi, was a colonial territory, once part of German East Africa, which was occupied by troops from the Belgian Congo during the East African campaign in World War I and was administered by Belgium under military occupation from 1916 to 1922. It was subsequently awarded to Belgium as a Class-B Mandate under the League of Nations in 1922 and became a Trust Territory of the United Nations in the aftermath of World War II and the dissolution of the League. In 1962 Ruanda-Urundi became the two independent states of Rwanda and Burundi. History Ruanda and Urundi were two separate kingdoms in the Great Lakes region before the Scramble for Africa. In 1897, the German Empire established a presence in Rwanda with the formation of an alliance with the king, beginning the colonial era. They were administered as two districts of German East Africa. The two monarchies were retained as part of the German policy of indirect rule, with the Ruandan king (''mwami ...
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Burundian Franc
The franc (ISO 4217 code is BIF) is the currency of Burundi. It is nominally subdivided into 100 ''centimes'', although coins have never been issued in centimes since Burundi began issuing its own currency. Only during the period when Burundi used the Belgian Congo franc were centime coins issued. History The franc became the currency of Burundi in 1916, when Belgium occupied the former German colony and replaced the German East African rupie with the Belgian Congo franc. Burundi used the currency of Belgian Congo until 1960, when the Rwanda and Burundi franc was introduced. Burundi began issuing its own francs in 1964. There were plans to introduce a common currency, a new East African shilling, for the five member states of the East African Community by the end of 2015. As of September 2022, these plans have not yet materialized. Coins In 1965, the ''Bank of the Kingdom of Burundi'' issued brass 1 franc coins. In 1968, ''Bank of the Republic of Burundi'' took over the issuan ...
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