| Coin | Silver Ounce 2023 African Ounce - Nile Crocodile |
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The Rwandan Franc was introduced as the currency of Rwanda in 1964. Apart from its regular circulating coinage, the country has also authorised some foreign mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the internationally popular silver ounce (1 oz silver) format, denominated usually as 50 Francs. Like any bullion coin though, their actual value is unrelated to the face value, and is based primarily on the metal content and the spot price of that metal on the commodities markets.
This coin is part of the African Ounce series which features a new animal on the reverse every year; this year's design is dedicated to the Nile Crocodile.
The Nile crocodile is one of the most famous crocodile species worldwide and has its origins on the entire African continent. Today, the reptile only lives in the upper reaches of the Nile and in scattered African waters. It can reach a total length of up to 6 meters and weigh up to 1,000 kilograms. The Nile crocodile can be recognised by its dark bronze-green back, dotted with small black spots, and porcelain-coloured underside. Due to man-made threats, the Nile crocodile has been on the Red List of endangered species since 1973. |
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| Obverse | |
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Within a plain rim, the obverse of the coin features the Coat of Arms of Rwanda. At its centre is a traditional basket, surrounded by the central tribal devices: a stem of sorghum on the left, and a branch of a coffee tree on the right, surmounted on a cog wheel with the sun with its rays above. These are protected by two typical Rwandan shields, one on the right and one on the left. The design is encircled by a rope, tied below in a square knot.
On a ribbon above, REPUBULIKA Y'U RWANDA (Republic of Rwanda); on a ribbon below, the motto UBUMWE · UMURIMO · GUKUNDA IGIHUGU (Unity, Work, Patriotism in Kinyarwanda - the official Rwandan language).
Around above, the name of the issuing authority: BANKI NKURU Y'U RWANDA (National Bank of Rwanda; in French: Banque Nationale du Rwanda; abbreviated as BNR).
Around below, the face value AMAFARANGA 50 MIRONGO ITANU (50 FRW - fifty Rwandan Francs). |
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| Reverse | |
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The reverse design depicts a large relief map of Africa, partly interrupting the rim.
Below left, a mother crocodile and her baby.
Around left, the name of the coin series: AFRICAN OUNCE.
Around above right, the date of issue 2023. Around below right, facing outward, the precious metal content: 1 oz FINE SILVER 999 (one troy ounce of 99.9% silver). |
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| Reverse Inscription |
AFRICAN OUNCE 2023 1 oz FINE SILVER 999 |
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| Edge | Milled | Edge Inscription | None |
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| See also |
Coins in the African Ounce series include:
- 1 oz Silver, African Ounce - Gorilla, 2008
- 1 oz Silver, African Ounce - Elephant, 2009
- 1 oz Silver, African Ounce - Lion, 2010
- 1 oz Silver, African Ounce - Zebra, 2011
- 1 oz Silver, African Ounce - Rhino, 2012
- 1 oz Silver, African Ounce - Cheetah, 2013
- 1 oz Silver, African Ounce - Impala, 2014
- 1 oz Silver, African Ounce - Cape Buffalo, 2015
- 1 oz Silver, African Ounce - Meerkat, 2016
- 1 oz Silver, African Ounce - Hippopotamus, 2017
- 1 oz Gold, African Ounce - Giraffe, 2018
- 1 oz Silver, African Ounce - Giraffe, 2018
- 1 oz Gold, African Ounce - Shoebill Stork, 2019
- 1 oz Silver, African Ounce - Shoebill Stork, 2019
- 1 oz Gold, African Ounce - Bushbaby (Galago), 2020
- 1 oz Silver, African Ounce - Bushbaby (Galago), 2020
- 1 oz Gold, African Ounce - Okapi, 2021
- 1 oz Silver, African Ounce - Okapi, 2021
- 1 oz Platinum, African Ounce - Pelican, 2022
- 1 oz Gold, African Ounce - Pelican, 2022
- 1 oz Silver, African Ounce - Pelican, 2022
- 1 oz Platinum, African Ounce - Nile Crocodile, 2023
- 1 oz Gold, African Ounce - Nile Crocodile, 2023
- 1 oz Silver, African Ounce - Nile Crocodile, 2023
- 1 oz Platinum, African Ounce - Gorilla (15th anniversary edition), 2023
- 1 oz Gold, African Ounce - Gorilla (15th anniversary edition), 2023
- 2 oz Silver, African Ounce - Gorilla (15th anniversary edition), 2023
- 1 oz Silver, African Ounce - Gorilla (15th anniversary edition), 2023
- 1 oz Platinum, African Ounce - Leopard, 2024
- 1 oz Gold, African Ounce - Leopard, 2024
- 2 oz Silver, African Ounce - Leopard, 2024
- 1 oz Silver, African Ounce - Leopard, 2024
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