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    Rwanda - Rwandan franc - Currency Guide

     

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

    What's in this Rwanda currency guide?

    1. USD/RWF trend
    2. Forecasts
    3. Travel Rwanda
    4. Spending RWF
    5. Send to Rwanda
       

    USD/RWF Trend (90-day)

    USD to RWF at 1019 has risen 1.1% above its 90-day average, range 995.0-1019.
    |
    1-DAY+0.8%
    90-DAYHIGH
     

    The below interactive chart displays the USD/RWF trend and UP DOWN HIGH LOW alerts

     
    USD to RWF Currency Trend Chart
       

    US dollar to Rwandan franc - Historical Rates

    USD/RWF wasChangePeriod
    1017.39
    13 Oct 2021
    0.6% 2 Weeks
    1007.48
    29 Jul 2021
    0.3% 90 Days
    976.93
    27 Oct 2020
    3.5% 1 Year
    814.77
    28 Oct 2016
    24.1% 5 Years
    597.55
    30 Oct 2011
    69.2% 10 Years
    USD/RWF change over periods to 27-Oct-2021
     

    $10,000 USD
    =
    ر.س10,186,712 RWF

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

    USD to RWF - Quick Amounts

    Sell USD   →   Buy RWF
    USD RWF
    $ 1 ر.س 1,019
    $ 5 ر.س 5,094
    $ 10 ر.س 10,187
    $ 20 ر.س 20,374
    $ 50 ر.س 50,935
    $ 100 ر.س 101,870
    $ 250 ر.س 254,675
    $ 500 ر.س 509,350
    $ 1,000 ر.س 1,018,700
    $ 2,000 ر.س 2,037,400
    $ 5,000 ر.س 5,093,500
    $ 10,000 ر.س 10,187,000
    $ 20,000 ر.س 20,374,000
    $ 50,000 ر.س 50,935,000
    $ 100,000 ر.س 101,870,000
    USD RWF
    $ 0.0010 ر.س 1
    $ 0.0049 ر.س 5
    $ 0.0098 ر.س 10
    $ 0.0196 ر.س 20
    $ 0.0491 ر.س 50
    $ 0.0982 ر.س 100
    $ 0.2455 ر.س 250
    $ 0.4910 ر.س 500
    $ 0.9820 ر.س 1,000
    $ 1.9640 ر.س 2,000
    $ 4.9100 ر.س 5,000
    $ 9.8200 ر.س 10,000
    $ 19.64 ر.س 20,000
    $ 49.10 ر.س 50,000
    $ 98.20 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

    To get a good (and fair) exchange rate when sending money to Rwanda you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists 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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