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Rwanda - Rwandan Franc - Currency Guide

 

Foreign exchange guide to Rwanda and the Rwandan Franc (RWF)

   

USD/RWF 90-day view

USDRWF at 988.5 is 1.5% above its 90-DAY average, range 951-988.88.
🔔 USDRWF is at 90-DAY HIGHS.
|
Alert:90-DAY HIGHS |
 
Recent USD to RWF 90-day trend
   

RWF News, Forecasts and Trends

The above interactive chart shows the USD to RWF exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Rwandan Franc - Historical Rates

USD/RWFChangePeriod
988.10
24 Nov 2020
0% ▲1 Week
978.67
01 Nov 2020
1% ▲30 Days
967.25
02 Sep 2020
2.2% ▲90 Days
933.89
02 Dec 2019
5.9% ▲1 Year
738.70
03 Dec 2015
33.8% ▲5 Years
590.15
04 Dec 2010
67.5% ▲10 Years

USD/RWF 10 year historic rates & change to 01-Dec-2020 : 988.56

 

U$10,000 USD
=
ر.س9,885,000 RWF

Converted at USD/RWF interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Rwandan Franc - Quick Conversions

USD RWF
U$ 1 ر.س 988.50
U$ 5 ر.س 4,943
U$ 10 ر.س 9,885
U$ 20 ر.س 19,770
U$ 50 ر.س 49,425
U$ 100 ر.س 98,850
U$ 250 ر.س 247,125
U$ 500 ر.س 494,250
U$ 1,000 ر.س 988,500
U$ 2,000 ر.س 1,977,000
U$ 5,000 ر.س 4,942,500
U$ 10,000 ر.س 9,885,000
U$ 50,000 ر.س 49,425,000
U$ 100,000 ر.س 98,850,000
More amounts
USD RWF
U$ 0.0010 ر.س 1
U$ 0.0051 ر.س 5
U$ 0.0101 ر.س 10
U$ 0.0202 ر.س 20
U$ 0.0506 ر.س 50
U$ 0.1012 ر.س 100
U$ 0.2530 ر.س 250
U$ 0.5060 ر.س 500
U$ 1.0120 ر.س 1,000
U$ 2.0240 ر.س 2,000
U$ 5.0600 ر.س 5,000
U$ 10.12 ر.س 10,000
U$ 50.60 ر.س 50,000
U$ 101.20 ر.س 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Rwanda?

The domestic currency in Rwanda is the Rwandan Franc.

What is the Rwandan Franc currency code and symbol?

The three letter currency code for the Rwandan Franc is RWF — symbol is ر.س.

Which countries use the Rwandan Franc?

It is the domestic currency in    Rwanda.

Is the Rwandan Franc a closed currency?

No, the Rwandan Franc is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Rwanda

Travel money for Rwanda

Save money and time by Ordering your Rwandan Franc online from Travelex, you get better rates and can pick up the RWF cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Rwandan Franc otherwise you may get much worst exchange rates.

 

Send Money to Rwanda - Best Rates

When searching around for information on how to get a good exchange rate when sending money to Rwanda you need to start with finding out the latest Rwandan Franc exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Rwanda

When sending money to Rwanda it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Rwandan Franc amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted RWF amount will be transfered to the recipient account you specify in Rwanda.

Use the above Send to Rwandan Franc calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Rwandan Franc deposited into the recipient bank account and less margins and fees kept by the banks!


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