Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Nigerian Naira to RWF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Rwanda from Nigeria. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final RWF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best rate to transfer money to Rwanda from Nigeria?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your NGN to Rwandan Franc money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Nigeria to Rwanda. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for NGN to RWF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to transfer money from Nigeria to Rwanda?

Accepted Answer

When you want to send money to Rwanda from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Rwandan Franc. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your NGN to RWF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Nigeria to Rwanda. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Nigeria to Rwanda exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Rwandan Franc overseas.

Question 4

How to send money from Nigeria to Rwanda through a bank?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NGN to RWF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Nigeria to Rwanda money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Rwanda from Nigeria. They do this by letting you fund your transaction through your local bank account in Nigeria, and by allowing you to choose the payout to be your recipient's bank account in Rwanda. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money from Nigeria to Rwanda fast?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Nigeria 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 NGN 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 Nigeria to Rwanda money transfers.

Question 6

Which are the best money transfer companies to send money to Rwanda from Nigeria?

Accepted Answer

Since the Nigerian Naira to Rwandan Franc money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Nigeria that may also be able to send money to Rwanda. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your NGN to RWF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Rwanda gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Nigeria to Rwanda transaction.

Question 7

Step by step guide to do a money transfer from Nigeria to Rwanda

Accepted Answer

The first step to send money to Rwanda from Nigeria is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your NGN to RWF overseas funds transfer.

Click through to the provider's site and register an account.
Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
Add recipient information including their bank account in Rwanda if paying via ACH direct deposit or bank transfer.
Enter your sending amount, and initiate a transaction.
Pay for your transaction via your Nigeria bank account or alternative methods like a debit card.
Sit back and relax, and see your money travel to Rwanda!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Nigeria to Rwanda.

1 NGN	1.08 RWF
5 NGN	5.38 RWF
10 NGN	10.75 RWF
25 NGN	26.88 RWF
50 NGN	53.76 RWF
100 NGN	107.53 RWF
150 NGN	161.30 RWF
200 NGN	215.06 RWF
250 NGN	268.83 RWF
300 NGN	322.59 RWF
400 NGN	430.12 RWF
500 NGN	537.65 RWF
600 NGN	645.18 RWF
700 NGN	752.71 RWF
800 NGN	860.24 RWF
1000 NGN	1,075.30 RWF
1500 NGN	1,612.95 RWF
2000 NGN	2,150.60 RWF
2500 NGN	2,688.25 RWF
3000 NGN	3,225.90 RWF
4000 NGN	4,301.20 RWF
5000 NGN	5,376.50 RWF
10000 NGN	10,753.00 RWF
15000 NGN	16,129.50 RWF
20000 NGN	21,506.00 RWF
30000 NGN	32,259.00 RWF
40000 NGN	43,012.00 RWF
50000 NGN	53,765.00 RWF
100000 NGN	107,530.00 RWF

Compare today's NGN to RWF (Nigerian Naira to Rwandan Franc) exchange rates

📈 Nigeria to Rwanda Money Transfer Snapshot Today

💡What today's NGN-RWF exchange rates mean for you

Latest NGN to RWF Conversion Rates