CBDC Tracker
Back to currencies

e-Franc Rwandais

Proof of concept

Rwanda

Central Bank(s)

The National Bank of Rwanda

Announcement Year

2019

Status

Proof of concept

Retail/Wholesale

Retail

Technology Provider

G+D

Technology

Filia

DLT / non-DLT

non-DLT

Main motivation/goals of the CBDC

The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth.

Description

The National Bank of Rwanda revealed in 2019 that it is exploring ways to issue a CBDC. Noting outstanding questions around the technology, the National Bank's Financial Stability Director-General Peace Masozera Uwase said, "We will join in once we are ready."

Link to announcement

Timeline

Last update: February 2026

February 2026

Updated data

Link to announcement: www.bnr.rw

December 2025

Status updated

Research Proof of concept

Updated data

Link to announcement: www.bnr.rw

July 2025

Added data

Technology Provider: G+D

Technology: Filia

DLT / non-DLT: non-DLT

Updated data

Link to announcement: www.bnr.rw

May 2024

Updated data

Link to announcement: www.bnr.rw

November 2023

Updated data

Link to announcement: allafrica.com

March 2022

Updated data

Link to announcement: www.newtimes.co.rw

June 2021

Status updated

None Research

Added data

Announcement Year: 2019

Retail/Wholesale: Retail

Description: The National Bank of Rwanda revealed in 2019 that it is exploring ways to issue a CBDC. Noting outstanding questions around the technology, the National Bank's Financial Stability Director-General Peace Masozera Uwase said, "We will join in once we are ready."

Main motivation/goals of the CBDC: The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth.

Link to announcement: www.bloomberg.com

Country / Region: Rwanda

Central Bank(s): The National Bank of Rwanda

News

No recent news found for this currency.