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Compare today's ISK to RWF (Icelandic Krona to Rwandan Franc) exchange rates

Iceland
Rwanda
ISK

Interbank Exchange Rate: 1 ISK = 11.8621 RWF
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 ISK =
11 715.00 RWF
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 11.7150 RWF

📢 Get promotional rate on your first transfer

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Icelandic Krona to Rwandan Franc money transfers

Easily compare money transfer providers in one place to send money from Iceland to Rwanda. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) to Rwandan Franc (RWF) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Rwanda from Iceland, we currently have 1 remittance service providers available.

Profee currently offers the most competitive rate for sending money to Rwanda and their 1 ISK to RWF exchange rate today is 11.7150.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Iceland.

Were you looking to send money from Rwanda to Iceland instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest ISK to RWF Conversion Rates

Here are some latest ISK to RWF (Icelandic Krona to Rwandan Franc) exchange rates for popular conversion amounts*.

1 ISK11.86 RWF
5 ISK59.31 RWF
10 ISK118.62 RWF
25 ISK296.55 RWF
50 ISK593.11 RWF
100 ISK1,186.21 RWF
150 ISK1,779.32 RWF
200 ISK2,372.42 RWF
250 ISK2,965.53 RWF
300 ISK3,558.63 RWF
400 ISK4,744.84 RWF
500 ISK5,931.05 RWF
600 ISK7,117.26 RWF
700 ISK8,303.47 RWF
800 ISK9,489.68 RWF
1,000 ISK11,862.10 RWF
1,500 ISK17,793.15 RWF
2,000 ISK23,724.20 RWF
2,500 ISK29,655.25 RWF
3,000 ISK35,586.30 RWF
4,000 ISK47,448.40 RWF
5,000 ISK59,310.50 RWF
10,000 ISK118,621.00 RWF
15,000 ISK177,931.50 RWF
20,000 ISK237,242.00 RWF
30,000 ISK355,863.00 RWF
40,000 ISK474,484.00 RWF
50,000 ISK593,105.00 RWF
100,000 ISK1,186,210.00 RWF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Iceland to Rwanda?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Iceland to Rwanda. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Icelandic Krona to RWF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ISK to RWF in Rwanda. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Rwanda from Iceland. We provide you with maximum choices to send money to Rwanda by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Iceland to Rwanda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Rwanda from Iceland. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your ISK to Rwandan Franc money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Iceland to Rwanda corridor to give you more good choices for your next RWF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Rwanda from Iceland?

Finding the cheapest way to send money from Iceland to Rwanda might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ISK to RWF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Iceland to Rwanda exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Iceland to Rwanda?

We do not recommend using your local bank in Iceland for your next ISK to RWF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Iceland to Rwanda (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending RWF to Rwanda. These companies will let you use your local bank account in Iceland to pay for your Rwanda money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Iceland to Rwanda fast?

It could be a stressful experience if you need to rush money quickly from Iceland to Rwanda. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ISK to RWF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Rwandan Franc. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Iceland to Rwanda money transfers.


Which are the best money transfer companies to transfer money to Rwanda from Iceland?

Iceland to Rwanda money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Rwanda as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Icelandic Krona to Rwandan Franc money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Iceland to Rwanda

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Iceland to Rwanda, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Iceland to Rwanda that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Rwanda where they can receive monies in Rwandan Franc.
  • Then, provide details of your Iceland bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your ISK travel to another part of the globe.