In line with its mandate to safeguard and preserve the value and integrity of the national currency, BNR emphasized that using banknotes to decorate flowers or for other ornamental purposes is strictly prohibited.
In a statement shared on its official X (formerly Twitter) account, BNR revealed that it continues to observe improper use of Rwandan currency, where banknotes and coins are being used to wrap, fasten, or decorate flowers and gifts, especially during ceremonies and special occasions.
These practices involve florists, traders, event planners, artists, gift designers, and their clients.
BNR explained that in many of these cases, banknotes are folded, pierced with pins or staples, glued, tied with strings, or attached using adhesives, all in an effort to present money as a decorative gift during celebrations and social events.
Such misuse significantly damages the integrity and public trust in the Rwandan currency, particularly banknotes, leading to severe deterioration.
This damage creates operational challenges in currency management, including problems with cash-counting machines and Automated Teller Machines (ATMs), which are essential for currency distribution nationwide.
As a result of this damage, affected banknotes are withdrawn from circulation prematurely and replaced earlier than expected, causing unnecessary financial losses.
BNR reminded the public that anyone who intentionally damages the national currency commits an offense punishable under Law No. 68/2018 of 30/08/2018, which governs crimes and penalties in general.
In recent days, RIB spokesperson Dr. Murangira B. Thierry also cautioned the public against using money for decorative purposes, stressing that offenders will face legal consequences.
“Some people have already been investigated for such offenses,” he said. “It would be unfortunate for others to fall into the trap of trying to please a loved one and end up committing a crime. There is no benefit in making someone happy today only to find yourself facing justice tomorrow.”
He added, “Anyone wishing to give money as a gift should do so in a manner that respects the national currency. Giving a gift is everyone’s right, but it must be done legally. Let it be clear that RIB has not prohibited gifting money; it must simply be done in a respectful and lawful way.”
