Send money to Rwanda
LemFi
Rate 1466.2036 · Fee free
You send
$1,000
Estimated receipt
FRw1,466,204
FRw33,500 more than the lowest estimate · 0.56% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: LemFi ranks first of 5 for 1,000 USD → RWF: 1,466,203.62 RWF estimated. 33,466.1 RWF separates first from last.
Latest pricing observation: . Quotes are kept per USD→RWF pair, not per country, so check is served before you commit. Methodology.
What is the cheapest way to send USD to RWF?
Sending $1,000 to Rwanda, ranked by estimated payout.
Source: our collected quotes
1460.0109
Free
FRw1,460,010.88
Send
Estimated payout difference: FRw33,466.10 between first and last on $1,000.
Rwanda has positioned itself as one of Africa's most digitally progressive economies, with MTN Mobile Money (MoMo) and Airtel Money serving as the backbone of daily financial transactions. The country receives approximately $450 million in remittances annually, mainly from the Rwandan diaspora in the DRC, Uganda, Europe, and North America. The National Bank of Rwanda (BNR) has actively promoted financial inclusion through mobile money, and the RWF is a managed float currency that moves gradually rather than in sharp corrections.
- MTN MoMo Rwanda has over 7 million registered users in a country of 14 million, making it the dominant mobile money platform.
- Airtel Money is the second mobile wallet and is supported by several international transfer providers.
- Bank of Kigali, I&M Bank Rwanda, and Equity Bank Rwanda are the major banks for incoming transfers.
- Rwanda's agent banking model means mobile money agents are found even in remote districts like Nyagatare, Rusizi, and Kayonza.
- The BNR does not restrict incoming personal remittances and has implemented progressive fintech-friendly regulations.
Which provider offers the best USD to RWF rate?
LemFi
4.4Exchange rate
1466.2036
Fee
Free
Recipient gets
FRw1,466,203.62
Speed
Minutes to 1 business day
Guides, fees & how it works
Which provider suits each USD→RWF transfer?
LemFi currently leads on both cost and speed for transfers to Rwanda.
Cheapest transfer
LemFi
Delivers the most RWF for your money
Fastest transfer
LemFi
Delivers in Minutes to 1 business day
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
LemFi
Best rate for bank deposit to Rwanda
What you need to send money to Rwanda
Full name
Recipient's full name as it appears on their national ID or bank account
Bank account number
Rwandan bank account number (typically 14–16 digits)
Example: 40007531234567
Bank name & branch
Name and branch of the recipient's bank
Mobile number
OptionalRwandan mobile number for MTN MoMo or Airtel Money transfers
Example: 0781234567
Note: Rwanda does not use the IBAN system. Mobile money (MTN MoMo and Airtel Money) has surpassed traditional banking for everyday transactions. Rwanda's RSwitch payment network connects all banks and mobile money operators for domestic interoperability.
Transfer examples: USD to RWF
Send $500
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| LemFi1466.20 · Minutes to 1 business day | Free | 1466.20 | FRw733,102 | Minutes to 1 business day |
| XE Money Transfer1464.73 · 1-4 business days | Free | 1464.73 | FRw732,365 | 1-4 business days |
| TapTap Send1460.01 · Under 3 minutes (95% of transfers) | Free | 1460.01 | FRw730,005 | Under 3 minutes (95% of transfers) |
| Remitly1455.59 · Minutes to 3-5 days | Free | 1455.59 | FRw727,794 | Minutes to 3-5 days |
| Wise1474.31 · 144 hours | $9.25 | 1474.31 | FRw723,519 | 144 hours |
Send $1,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| LemFi1466.20 · Minutes to 1 business day | Free | 1466.20 | FRw1,466,204 | Minutes to 1 business day |
| XE Money Transfer1464.73 · 1-4 business days | Free | 1464.73 | FRw1,464,729 | 1-4 business days |
| TapTap Send1460.01 · Under 3 minutes (95% of transfers) | Free | 1460.01 | FRw1,460,011 | Under 3 minutes (95% of transfers) |
| Remitly1455.59 · Minutes to 3-5 days | Free | 1455.59 | FRw1,455,588 | Minutes to 3-5 days |
| Wise1474.31 · 144 hours | $28.20 | 1474.31 | FRw1,432,738 | 144 hours |
Send $5,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| LemFi1466.20 · Minutes to 1 business day | Free | 1466.20 | FRw7,331,018 | Minutes to 1 business day |
| Wise1474.31 · 144 hours | $28.20 | 1474.31 | FRw7,329,990 | 144 hours |
| XE Money Transfer1464.73 · 1-4 business days | Free | 1464.73 | FRw7,323,646 | 1-4 business days |
| TapTap Send1460.01 · Under 3 minutes (95% of transfers) | Free | 1460.01 | FRw7,300,054 | Under 3 minutes (95% of transfers) |
| Remitly1455.59 · Minutes to 3-5 days | Free | 1455.59 | FRw7,277,938 | Minutes to 3-5 days |
How much does it cost to send money to Rwanda?
Of the 5 estimates we hold for $1,000 USD to RWF, 4 charge no transfer fee and 1 charge between $28.20 and $28.20. Their exchange rates sit 0.01% to 1.28% above the mid-market rate (median 0.66%), a spread worth 18,726 RWF on this amount.
A steady pair: just 1.0 points apart; today's "great" is typical. Best payout day TapTap Send (18 June 2026), worst Wise (27 April 2026).
Ways to send money to Rwanda
Mobile money is the fastest and most accessible method in Rwanda. The country has embraced digital payments as part of its Vision 2050 strategy. MTN MoMo dominates the market and is accepted everywhere from shops to government services.
How can my recipient receive money in Rwanda?
Recipients in Rwanda have 4 ways to receive this transfer: mtn mobile money; airtel money; bank deposit; cash pickup.
MTN Mobile Money
Transfer to MTN MoMo — the most widely used mobile money platform in Rwanda.
Airtel Money
Transfer to Airtel Money wallet for Airtel subscribers.
Bank Deposit
Direct transfer to Rwandan bank accounts.
Cash Pickup
Collect cash from bank branches and agent locations across Rwanda.
What are the transfer limits and regulations for Rwanda?
Regulatory body
National Bank of Rwanda (BNR)
Inbound transfer limits
No cap on incoming remittances, but amounts over RWF 5,000,000 require source documentation
Documentation you may need
- Sender's government-issued photo ID
- Recipient's national ID for cash pickup
- Source of funds documentation for large transfers
Important things to know
- Rwanda is one of Africa's fastest-growing economies and has aggressively promoted financial inclusion through mobile money.
- The Rwandan franc (RWF) is a managed float currency.
- Rwanda's financial sector is well-regulated with strong AML/CFT frameworks.
- Mobile money interoperability through RSwitch allows transfers between MTN and Airtel wallets.
How long does it take to send money to Rwanda?
3 of the 5 providers quoting USD to RWF advertise delivery within minutes (LemFi, TapTap Send, Remitly); 2 quote longer, such as XE Money Transfer at 1-4 business days on USD to RWF.
Provider-stated speeds for Rwanda, not our measurement.
- LemFiMinutes to 1 business day
- TapTap SendUnder 3 minutes (95% of transfers)
- RemitlyMinutes to 3-5 days
- XE Money Transfer1-4 business days
- Wise144 hours
Popular banks in Rwanda
5 banks commonly receive international transfers in Rwanda, including Bank of Kigali and I&M Bank Rwanda. SWIFT/BIC codes are shown where we could verify them; confirm the rest with the receiving bank.
Bank of Kigali
BKIGRWRW
I&M Bank Rwanda
IMRWRWRW
Equity Bank Rwanda
—
BPR (Banque Populaire du Rwanda)
BPRWRWRW
Cogebanque
COGERWRW
Good time to send
SendScoreBest rate +0.28% vs the 30-day average, near the 90-day high. Rates are improving — +0.13% week on week. Today's best beats the median provider by +0.42%.
- 40%near the 90-day high
- 25%+0.28% vs the 30-day average
- 20%today's best beats the median provider by +0.42%
- 15%improving — +0.13% week on week
Who is usually cheapest here
TapTap Send delivered the most on 69 of the last 91 days it quoted here (76%). But today's best is LemFi, which leads on 24% of days — worth comparing rather than assuming.
- 76%TapTap Send — cheapest on 69 of 91 days it quoted
- 24%LemFi — cheapest on 22 of 91 days it quoted
- 0%Wise — cheapest on 0 of 91 days it quoted
91 contested days of 91; single-quote days excluded for USD→RWF. See every corridor.
USD→RWF: 191 days of our recorded provider rates
USD to RWF Exchange Rate History
Per 100 USD sent, 191 days.
| Date | Wise | __mid Market__ | TapTap Send | LemFi | Xoom (PayPal) |
|---|---|---|---|---|---|
| Trend | |||||
| Oct 3 | 1474.2900 | 1474.4374✓ | 1460.0000 | 1466.1500 | — |
| Oct 2 | 1474.2900 | 1480.3595✓ | 1460.0000 | 1466.1500 | — |
| Oct 1 | 1472.7100 | 1476.9933✓ | 1460.0000 | 1462.6700 | — |
| Sep 30 | 1472.3600 | 1474.8673✓ | 1460.0000 | 1462.6700 | — |
| Sep 29 | 1477.3300✓ | 1477.3300✓ | 1460.0000 | 1462.6700 | — |
| Sep 28 | 1472.4200 | 1476.5544✓ | 1460.0000 | 1462.6700 | — |
| Sep 27 | 1472.4300 | 1474.4943✓ | 1460.0000 | 1464.5500 | — |
| Sep 26 | 1472.4300 | 1475.8244✓ | 1460.0000 | 1464.5500 | — |
| Sep 25 | 1472.4300 | 1475.8244✓ | 1460.0000 | 1464.5500 | — |
| Sep 24 | 1472.3000 | 1479.6985✓ | 1460.0000 | 1466.1500 | — |
| Sep 23 | 1473.5000 | 1474.2371✓ | 1460.0000 | 1462.1700 | — |
| Sep 22 | 1472.0500✓ | 1472.0500✓ | 1460.0000 | 1459.2100 | — |
| Sep 21 | 1471.8000✓ | 1471.8000✓ | 1460.0000 | 1462.1700 | — |
| Sep 20 | 1471.6300 | 1473.6932✓ | 1460.0000 | 1455.2100 | — |
| Sep 19 | 1471.6300✓ | 1471.6300✓ | 1460.0000 | 1455.2100 | — |
| Sep 18 | 1471.6300✓ | 1471.6300✓ | 1460.0000 | 1455.2100 | — |
| Sep 17 | 1471.4900✓ | 1471.4900✓ | 1460.0000 | 1467.6400 | — |
| Sep 16 | 1469.5000 | 1472.8876✓ | 1460.0000 | 1457.2000 | — |
| Sep 15 | 1467.6200 | 1472.7747✓ | 1460.0000 | 1455.2100 | — |
| Sep 14 | 1471.3500✓ | 1471.3500✓ | 1460.0000 | 1461.6700 | — |
| Sep 13 | 1471.0600 | 1472.5325✓ | 1460.0000 | 1460.6800 | — |
| Sep 12 | 1471.0600✓ | 1471.0600✓ | 1460.0000 | 1460.6800 | — |
| Sep 11 | 1471.0600 | 1475.0426✓ | 1460.0000 | 1460.6800 | — |
| Sep 10 | 1463.3900 | 1472.2233✓ | 1460.0000 | 1461.1800 | — |
| Sep 9 | 1466.7000 | 1470.6708✓ | 1460.0000 | 1457.7600 | — |
| Sep 8 | 1470.5900 | 1472.6517✓ | 1460.0000 | 1457.5000 | — |
| Sep 7 | 1470.7300 | 1472.2022✓ | 1460.0000 | 1460.6800 | — |
| Sep 6 | 1471.5000 | 1472.9730✓ | 1460.0000 | 1457.2000 | — |
| Sep 5 | 1471.5000✓ | 1471.5000✓ | 1460.0000 | 1457.2000 | — |
| Sep 4 | 1469.0000 | 1471.6490✓ | 1460.0000 | 1460.6800 | — |
| Sep 3 | 1470.3300 | 1472.3913✓ | 1460.0000 | 1461.6700 | — |
| Sep 2 | 1473.4200 | 1474.3046✓ | 1460.0000 | 1461.6700 | — |
| Sep 1 | 1470.7900 | 1470.9371✓ | 1460.0000 | 1455.7700 | — |
| Aug 31 | 1470.7900 | 1470.9371✓ | 1460.0000 | 1455.7700 | — |
| Aug 30 | 1469.5000 | 1472.0024✓ | 1460.0000 | 1455.7700 | — |
| Aug 29 | 1469.5000✓ | 1469.5000✓ | 1460.0000 | 1455.7700 | — |
| Aug 28 | 1470.5000✓ | 1470.5000✓ | 1458.0000 | 1455.7700 | — |
| Aug 27 | 1470.0000 | 1472.7983✓ | 1458.0000 | 1455.7700 | — |
| Aug 26 | 1469.8400 | 1472.3430✓ | 1458.0000 | 1454.2900 | — |
| Aug 25 | 1469.5000 | 1472.5924✓ | 1458.0000 | 1455.7700 | — |
| Aug 24 | 1469.8600 | 1473.9872✓ | 1458.0000 | 1451.3100 | — |
| Aug 23 | 1469.5000 | 1471.2655✓ | 1458.0000 | 1451.3100 | — |
| Aug 22 | 1469.5000 | 1470.5294✓ | 1458.0000 | 1451.3100 | — |
| Aug 21 | 1469.8200 | 1470.9968✓ | 1458.0000 | 1455.2800 | — |
| Aug 20 | 1468.5000✓ | 1468.5000✓ | 1458.0000 | 1455.2800 | — |
| Aug 19 | 1470.3700✓ | 1470.3700✓ | 1458.0000 | 1455.2800 | — |
| Aug 18 | 1468.6900 | 1468.8369✓ | 1458.0000 | 1454.7800 | — |
| Aug 17 | 1468.8500 | 1470.0260✓ | 1458.0000 | 1454.7800 | — |
| Aug 16 | 1468.8500 | 1471.0566✓ | 1458.0000 | 1454.7800 | — |
| Aug 15 | 1468.8500 | 1470.1732✓ | 1458.0000 | 1454.7800 | — |
| Aug 14 | 1470.8100 | 1472.4297✓ | 1458.0000 | 1434.3400 | — |
| Aug 13 | 1470.3100 | 1471.0455✓ | 1458.0000 | 1434.3400 | — |
| Aug 12 | 1465.5000 | 1471.9767✓ | 1450.0000 | 1443.4700 | — |
| Aug 11 | 1465.5000 | 1470.6473✓ | 1450.0000 | 1443.4700 | — |
| Aug 10 | 1465.5000 | 1467.8486✓ | 1450.0000 | 1443.4700 | — |
| Aug 9 | 1465.5000 | 1470.6473✓ | 1450.0000 | 1443.4700 | — |
| Aug 8 | 1465.5000 | 1468.5840✓ | 1450.0000 | 1443.4700 | — |
| Aug 7 | 1465.5000 | 1471.0901✓ | 1450.0000 | 1443.4700 | — |
| Aug 6 | 1465.5000 | 1469.1729✓ | 1450.0000 | 1443.4700 | — |
| Aug 5 | 1465.5000 | 1467.4076✓ | 1450.0000 | 1443.4700 | — |
| Aug 4 | 1465.5000 | 1468.5840✓ | 1450.0000 | 1443.4700 | — |
| Aug 3 | 1465.5000 | 1466.0864✓ | 1450.0000 | 1443.4700 | — |
| Aug 2 | 1465.5000 | 1470.0572✓ | 1450.0000 | 1443.4700 | — |
| Aug 1 | 1465.5000✓ | 1465.5000✓ | 1450.0000 | 1443.4700 | — |
| Jul 31 | 1465.5000 | 1466.6733✓ | 1450.0000 | 1443.4700 | — |
| Jul 30 | 1465.5000 | 1469.0257✓ | 1450.0000 | 1443.4700 | — |
| Jul 29 | 1465.5000 | 1466.6733✓ | 1450.0000 | 1443.4700 | — |
| Jul 28 | 1465.5000 | 1470.2047✓ | 1450.0000 | 1443.4700 | — |
| Jul 27 | 1465.5000 | 1470.3522✓ | 1450.0000 | 1443.4700 | — |
| Jul 26 | 1465.5000 | 1469.6149✓ | 1450.0000 | 1443.4700 | — |
| Jul 25 | 1465.5000 | 1466.8201✓ | 1450.0000 | 1443.4700 | — |
| Jul 24 | 1465.5000 | 1467.9956✓ | 1450.0000 | 1443.4700 | — |
| Jul 23 | 1465.5000 | 1469.7623✓ | 1450.0000 | 1443.4700 | — |
| Jul 22 | 1465.5000 | 1471.5333✓ | 1450.0000 | 1443.4700 | — |
| Jul 21 | 1465.5000 | 1471.8289✓ | 1450.0000 | 1443.4700 | — |
| Jul 20 | 1465.5000 | 1470.6473✓ | 1450.0000 | 1443.4700 | — |
| Jul 19 | 1465.5000 | 1470.0572✓ | 1450.0000 | 1443.4700 | — |
| Jul 18 | 1465.5000 | 1472.1246✓ | 1450.0000 | 1443.4700 | — |
| Jul 17 | 1465.5000 | 1472.4204✓ | 1450.0000 | 1443.4700 | — |
| Jul 16 | 1465.5000 | 1466.0864✓ | 1450.0000 | 1443.4700 | — |
| Jul 15 | 1465.5000 | 1467.5546✓ | 1450.0000 | 1443.4700 | — |
| Jul 14 | 1465.5000 | 1470.3522✓ | 1450.0000 | 1443.4700 | — |
| Jul 13 | 1465.5000 | 1472.4204✓ | 1450.0000 | 1443.4700 | — |
| Jul 12 | 1465.5000 | 1467.8486✓ | 1450.0000 | 1443.4700 | — |
| Jul 11 | 1465.5000 | 1470.6473✓ | 1450.0000 | 1443.4700 | — |
| Jul 10 | 1465.5000 | 1468.4369✓ | 1450.0000 | 1443.4700 | — |
| Jul 9 | 1465.5000 | 1467.8486✓ | 1450.0000 | 1443.4700 | — |
| Jul 8 | 1465.5000 | 1468.2898✓ | 1450.0000 | 1443.4700 | — |
| Jul 7 | 1465.5000✓ | 1465.5000✓ | 1450.0000 | 1443.4700 | — |
| Jul 6 | 1465.5000 | 1465.9398✓ | 1450.0000 | 1443.4700 | — |
| Jul 5 | 1465.5000 | 1467.2607✓ | 1450.0000 | 1443.4700 | — |
| Jul 4 | 1465.5000✓ | 1465.5000✓ | 1450.0000 | 1443.4700 | — |
| Jul 3 | 1465.5000✓ | 1465.5000✓ | 1450.0000 | 1443.4700 | — |
| Jul 2 | 1465.5000 | 1466.2331✓ | 1450.0000 | 1444.9500 | — |
| Jul 1 | 1465.7800✓ | 1465.7800✓ | 1450.0000 | 1444.9500 | — |
| Jun 30 | 1465.6900✓ | 1465.6900✓ | 1450.0000 | 1447.4200 | — |
| Jun 29 | 1465.5000 | 1466.2331✓ | 1454.0000 | 1443.4700 | — |
| Jun 28 | 1465.5000 | 1466.2331✓ | 1454.0000 | 1443.4700 | — |
| Jun 27 | 1465.5000 | 1466.3798✓ | 1454.0000 | 1443.4700 | — |
| Jun 26 | 1461.9900 | 1465.8011✓ | 1448.0000 | 1442.8300 | — |
| Jun 25 | 1465.7200 | 1466.0132✓ | 1448.0000 | 1446.9300 | — |
| Jun 24 | 1465.3700 | 1468.8953✓ | 1457.5900 | 1442.2300 | — |
| Jun 23 | 1465.3500✓ | 1465.3500✓ | 1453.4500 | 1446.9300 | — |
| Jun 22 | 1463.2300 | 1464.8413✓ | 1453.2000 | 1442.4700 | — |
| Jun 21 | 1464.5000 | 1465.2326✓ | 1451.9700 | 1442.4700 | — |
| Jun 20 | 1464.5000 | 1464.6465✓ | 1452.2900 | 1442.4700 | — |
| Jun 19 | 1465.2000 | 1482.2458✓ | 1453.8200 | 1442.3700 | — |
| Jun 18 | 1465.8300 | 1475.2628✓ | 1473.6400 | 1442.2800 | — |
| Jun 17 | 1464.1400 | 1467.2212✓ | 1455.5500 | 1445.9400 | — |
| Jun 16 | 1464.1400 | 1467.2212✓ | 1455.5500 | 1445.9400 | — |
| Jun 15 | 1464.1400 | 1467.2212✓ | 1455.5500 | 1445.9400 | — |
| Jun 14 | 1464.2700 | 1464.4164✓ | 1451.3000 | 1445.9400 | — |
| Jun 13 | 1464.2700 | 1464.4164✓ | 1451.3000 | 1445.9400 | — |
| Jun 12 | 1464.2700 | 1464.4164✓ | 1451.3000 | 1445.9400 | — |
| Jun 11 | 1463.0400✓ | 1463.0400✓ | 1451.3500 | 1441.7700 | — |
| Jun 10 | 1463.0400✓ | 1463.0400✓ | 1451.3500 | 1441.7700 | — |
| Jun 9 | 1463.5400 | 1467.5023✓ | 1453.8300 | 1445.9400 | — |
| Jun 8 | 1463.0000 | 1464.1713✓ | 1452.1100 | 1441.5900 | — |
| Jun 7 | 1463.5400 | 1464.8584✓ | 1451.3000 | 1441.5900 | — |
| Jun 6 | 1463.5400 | 1464.8584✓ | 1451.3000 | 1441.5900 | — |
| Jun 5 | 1464.5200 | 1465.1060✓ | 1454.5900 | 1441.5100 | — |
| Jun 4 | 1463.0400 | 1463.3327✓ | 1450.2400 | 1440.0100 | — |
| Jun 3 | 1463.0400✓ | 1463.0400✓ | 1451.2800 | 1441.3100 | — |
| Jun 2 | 1464.4400 | 1467.9631✓ | 1456.5500 | 1440.5000 | — |
| Jun 1 | 1463.5400 | 1466.4729✓ | 1453.8600 | 1444.9500 | — |
| May 31 | 1463.5400 | 1464.8584✓ | 1450.8000 | 1444.9500 | — |
| May 30 | 1463.5400 | 1466.3260✓ | 1450.8000 | 1444.9500 | — |
| May 29 | 1463.0000 | 1465.7850✓ | 1454.8300 | 1444.9500 | — |
| May 28 | 1463.3100 | 1466.6834✓ | 1455.7200 | 1441.4900 | — |
| May 27 | 1463.0000✓ | 1463.0000✓ | 1453.4900 | 1441.4900 | — |
| May 26 | 1462.9900✓ | 1462.9900✓ | 1450.7600 | 1444.9500 | — |
| May 25 | 1459.0000✓ | 1459.0000✓ | 1445.0500 | 1439.5200 | — |
| May 24 | 1462.9000 | 1464.0713✓ | 1448.8500 | 1439.5200 | — |
| May 23 | 1462.9000 | 1463.9247✓ | 1450.7200 | 1439.5200 | — |
| May 22 | 1462.5000 | 1462.7926✓ | 1453.0100 | 1444.4600 | — |
| May 21 | 1462.0000 | 1462.1462✓ | 1451.2400 | 1444.4600 | — |
| May 20 | 1462.5300 | 1463.4080✓ | 1451.1000 | — | — |
| May 19 | 1462.5000 | 1462.9389✓ | 1451.8800 | — | — |
| May 18 | 1462.3300 | 1464.8202✓ | 1452.9400 | — | — |
| May 17 | 1461.0000 | 1463.0483✓ | 1453.9800 | — | — |
| May 16 | 1461.0000 | 1464.2213✓ | 1448.8200 | — | — |
| May 15 | 1462.0000 | 1462.2925✓ | 1450.4500 | — | — |
| May 14 | 1462.3600✓ | 1462.3600✓ | 1451.2100 | — | — |
| May 13 | 1462.2700 | 1463.1479✓ | — | — | — |
| May 12 | 1462.0000 | 1462.8777✓ | — | — | — |
| May 11 | 1461.0000 | 1462.4625✓ | — | — | — |
| May 10 | 1461.0000 | 1463.0483✓ | — | — | — |
| May 9 | 1461.0000 | 1461.8771✓ | — | — | — |
| May 8 | 1462.9400 | 1468.3730✓ | — | — | — |
| May 7 | 1461.0000 | 1465.9843✓ | — | — | — |
| May 6 | 1462.3700✓ | 1462.3700✓ | — | — | — |
| May 5 | 1461.5000✓ | 1461.5000✓ | — | — | — |
| May 4 | 1462.0000 | 1462.1462✓ | — | — | — |
| May 3 | 1462.0000 | 1462.5850✓ | — | — | — |
| May 2 | 1462.0000✓ | 1462.0000✓ | — | — | — |
| May 1 | 1462.1700✓ | 1462.1700✓ | — | — | — |
| Apr 30 | 1461.0000 | 1462.4625✓ | — | — | — |
| Apr 29 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 28 | 1461.5000 | 1468.5490✓ | — | — | — |
| Apr 27 | 1459.7200 | 1461.0349✓ | — | — | — |
| Apr 26 | 1461.7200 | 1462.1586✓ | — | — | — |
| Apr 25 | 1461.7200✓ | 1461.7200✓ | — | — | — |
| Apr 24 | 1461.0000 | 1461.5846✓ | — | — | — |
| Apr 23 | 1461.3300 | 1465.1394✓ | — | — | — |
| Apr 22 | 1461.0000 | 1463.0483✓ | — | — | — |
| Apr 21 | 1461.3300 | 1463.0857✓ | — | — | — |
| Apr 20 | 1460.9500 | 1465.6400✓ | — | — | — |
| Apr 19 | 1461.0000 | 1461.8771✓ | — | — | — |
| Apr 18 | 1461.0000 | 1461.2923✓ | — | — | — |
| Apr 17 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 16 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 15 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 14 | 1460.5000 | 1460.7922✓ | — | — | — |
| Apr 13 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 12 | 1461.0000 | 1461.7309✓ | — | — | — |
| Apr 11 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 10 | 1461.0000 | 1461.4384✓ | — | — | — |
| Apr 9 | 1461.1100✓ | 1461.1100✓ | — | — | — |
| Apr 8 | 1461.0000✓ | 1461.0000✓ | — | — | — |
| Apr 7 | 1461.0000 | 1461.1461✓ | — | — | — |
| Apr 6 | 1461.2000✓ | 1461.2000✓ | — | — | — |
| Apr 5 | 1461.2100 | 1461.3561✓ | — | — | — |
| Apr 4 | 1461.2100✓ | 1461.2100✓ | — | — | — |
| Apr 3 | 1461.2100 | 1462.0873✓ | — | — | — |
| Apr 2 | 1460.5000 | 1463.8669✓ | — | — | — |
| Apr 1 | 1461.1500✓ | 1461.1500✓ | — | — | — |
| Mar 31 | 1460.5000 | 1463.5735✓ | — | — | — |
| Mar 30 | 1460.5400✓ | 1460.5400✓ | — | — | — |
| Mar 29 | 1460.8700 | 1461.7470✓ | — | — | — |
| Mar 28 | 1460.8700✓ | 1460.8700✓ | — | — | — |
| Mar 18 | 1459.0000✓ | 1459.0000✓ | — | — | 1380.9100 |
Frequently asked questions
Common questions about sending money to Rwanda
What is the cheapest way to send money to Rwanda?
WorldRemit and Sendwave offer competitive rates for MTN MoMo delivery to Rwanda, typically with minimal fees. For bank deposits, Wise provides good exchange rates on the RWF corridor. The key is to compare the total RWF your recipient receives — on this corridor, the choice between mobile money and bank deposit significantly affects both cost and speed.
Can I send money to MTN Mobile Money in Rwanda?
Yes. WorldRemit, Sendwave, and other providers support direct transfers to MTN MoMo wallets in Rwanda. You need the recipient's MTN phone number (starting with 078). Funds arrive within minutes and can be cashed out at any of the thousands of MTN MoMo agent points across all 30 districts of Rwanda.
How long does a money transfer to Rwanda take?
MTN MoMo and Airtel Money transfers arrive within minutes. Bank deposits to Bank of Kigali or I&M Bank take 1–3 business days via SWIFT. Cash pickup at Western Union agents in Kigali, Butare (Huye), and Gisenyi is typically ready within one hour.
What details are needed for a Rwandan bank transfer?
You need the recipient's full name, bank name (Bank of Kigali, I&M Bank, Equity Bank), branch, and account number. Rwanda does not use IBAN. The bank's SWIFT code is needed for international routing (e.g., BKIGRWRW for Bank of Kigali). Account numbers are typically 10–12 digits.
Can I pick up cash in Rwanda?
Western Union and MoneyGram have agent locations in Kigali and major towns. Coverage in rural districts is more limited, which is why mobile money is often the better choice for recipients outside Kigali. MTN MoMo agents are far more numerous than cash pickup points, covering even small trading centers.
Is there a tax on remittances in Rwanda?
Rwanda does not tax incoming personal remittances. The government actively encourages diaspora remittances as part of its economic development strategy. No withholding tax or levy applies to incoming transfers, whether received via bank, mobile money, or cash pickup.
How does Rwanda's mobile money tax work?
Rwanda does not currently impose a specific mobile money transaction tax like some neighboring countries. Mobile money cash-out fees charged by MTN or Airtel are service charges set by the operators, not government taxes. This makes Rwanda slightly more remittance-friendly than countries with mobile money levies.
What is the RWF exchange rate like?
The Rwandan franc is a managed float currency that typically depreciates gradually — it has moved from around 800 RWF/USD to over 1,300 RWF/USD over the past decade. Day-to-day movements are small, so timing your transfer matters less here than with more volatile currencies. Provider markups of 1–3% are typical.
Which providers offer the best coverage in Rwanda?
WorldRemit leads on MTN MoMo delivery and has the broadest coverage for mobile money in Rwanda. Western Union offers the most cash pickup locations. Wise supports bank deposit at competitive exchange rates. For recipients in Kigali, any method works; for rural recipients, MTN MoMo is your best bet.