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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 interbank exchange rate = 905

Right now the USD/RWF interbank exchange rate is 905. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Rwandan Franc to United States Dollar.

This USD/RWF Converter calculates equivalent United States Dollar to Rwandan Franc amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / RWF converter & margin calculator


$USD
ر.سRWF
Mid-rates:
 

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1 Week USD to RWF
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United States Dollar

Rwandan Franc

1 USD 905.00 RWF
5 USD 4,525.00 RWF
10 USD 9,050.00 RWF
20 USD 18,100.00 RWF
50 USD 45,250.00 RWF
100 USD 90,500.00 RWF
250 USD 226,250.00 RWF
500 USD 452,500.00 RWF
1,000 USD 905,000.00 RWF
2,000 USD 1,810,000.00 RWF
5,000 USD 4,525,000.00 RWF
10,000 USD 9,050,000.00 RWF
50,000 USD 45,250,000.00 RWF
100,000 USD 90,500,000.00 RWF
See more

United States Dollar

Rwandan Franc

0.0011 USD 1 RWF
0.0055 USD 5 RWF
0.0111 USD 10 RWF
0.0221 USD 20 RWF
0.0553 USD 50 RWF
0.1105 USD 100 RWF
0.2763 USD 250 RWF
0.5525 USD 500 RWF
1.1050 USD 1,000 RWF
2.2100 USD 2,000 RWF
5.5250 USD 5,000 RWF
11.05 USD 10,000 RWF
55.25 USD 50,000 RWF
110.50 USD 100,000 RWF
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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
23 Apr 2019905.0000Latest
16 Apr 2019904.90471 Week+0.01%
24 Mar 2019899.00251 Month+0.67%
25 Oct 2018882.49736 Months+2.55%
23 Apr 2018863.89251 Year+4.76%
23 Apr 2017837.59502 Years+8.05%
24 Apr 2014679.86035 Years+33.12%
25 Apr 2009567.999510 Years+59.33%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Rwandan Franc (RWF) - Market news and forecasts

No recent Rwandan Franc market updates.