Rwanda's 100-franc note to cease being legal tender


According to an article in The New Times dated March 6, 2009, the National Bank of Rwanda (BNR) has announced that the 100-franc note (US$0.20) will cease to be legal tender starting December 31, 2009. The notes may be exchanged for other notes and coins. BNR Governor Francois Kanimba said that the 100-franc notes currently in circulation are very old (they were first introduced in 2003) and that the central bank has stopped issuing them to the public.