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USD to RWF - Compare Exchange Rates

United States Dollar to Rwandan Franc - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to RWF mid-rate = 885

Right now the USD/RWF market mid-rate is 885 and represents ideally how many Rwandan Franc you can get for one United States Dollar.

This USD/RWF Converter calculates equivalent United States Dollar to Rwandan Franc amounts at the market mid-rate:

USD / RWF mid-rate converter


$USD


ر.سRWF
1 United States Dollar equals
885 Rwandan Franc

Compare how much you can save on
USD/RWF exchange rates for:

Foreign Transfers

 
 
1 Week USD to RWF Chart
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Sending to RWF we recommend: WorldRemit WorldRemit

United States Dollar

Rwandan Franc

1 USD 885.00 RWF
5 USD 4,425.00 RWF
10 USD 8,850.00 RWF
20 USD 17,700.00 RWF
50 USD 44,250.00 RWF
100 USD 88,500.00 RWF
250 USD 221,250.00 RWF
500 USD 442,500.00 RWF
1,000 USD 885,000.00 RWF
2,000 USD 1,770,000.00 RWF
5,000 USD 4,425,000.00 RWF
10,000 USD 8,850,000.00 RWF
50,000 USD 44,250,000.00 RWF
100,000 USD 88,500,000.00 RWF
See more

United States Dollar

Rwandan Franc

0.0011 USD 1 RWF
0.0057 USD 5 RWF
0.0113 USD 10 RWF
0.0226 USD 20 RWF
0.0565 USD 50 RWF
0.1130 USD 100 RWF
0.2825 USD 250 RWF
0.5650 USD 500 RWF
1.1300 USD 1,000 RWF
2.2600 USD 2,000 RWF
5.6500 USD 5,000 RWF
11.30 USD 10,000 RWF
56.50 USD 50,000 RWF
113.00 USD 100,000 RWF
See more

RWF Country Guides
RwandaRwanda

United States Dollar to Rwandan Franc (USD-RWF) - 10 Year History

The below table shows the historic variation in the USD/RWF exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
22 Feb 2019885.0000Latest
15 Feb 2019885.00001 Week0%
23 Jan 2019895.73181 Month-1.2%
26 Aug 2018874.40926 Months+1.21%
22 Feb 2018852.00001 Year+3.87%
22 Feb 2017833.56492 Years+6.17%
23 Feb 2014679.06255 Years+30.33%
24 Feb 2009565.227310 Years+56.57%

Why can't I just get the USD/RWF market rate I see on Google or in the Media?

The USD/RWF mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / RWF was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/RWF midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to RWF exchange rate

  1. Know the latest USD/RWF market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Rwandan Franc

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs RWF, you should pay attention to both United States Dollar and Rwandan Franc news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Rwandan Franc (RWF) - Market news and forecasts

No recent Rwandan Franc market updates.

Currency News and Forecasts - United States Dollar

Japan Allows Fintech Payments Specialists to Compete with Banks
Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates