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Compare today's RWF to XOF (Rwandan Franc to CFA Franc BCEAO) exchange rates

Rwanda
Chad
RWF

Interbank Exchange Rate: 1 RWF = 0.3813 XOF
Updated about an hour ago

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All you need to know about Rwandan Franc to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Rwanda to Chad. Send money overseas to your loved ones by comparing Rwandan Franc (RWF) to CFA Franc BCEAO (XOF) 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.

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 Rwanda.

Were you looking to send money from Chad to Rwanda 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 RWF to XOF Conversion Rates

Here are some latest RWF to XOF (Rwandan Franc to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 RWF0.38 XOF
5 RWF1.91 XOF
10 RWF3.81 XOF
25 RWF9.53 XOF
50 RWF19.06 XOF
100 RWF38.13 XOF
150 RWF57.19 XOF
200 RWF76.26 XOF
250 RWF95.32 XOF
300 RWF114.39 XOF
400 RWF152.52 XOF
500 RWF190.65 XOF
600 RWF228.78 XOF
700 RWF266.91 XOF
800 RWF305.04 XOF
1,000 RWF381.30 XOF
1,500 RWF571.95 XOF
2,000 RWF762.60 XOF
2,500 RWF953.25 XOF
3,000 RWF1,143.90 XOF
4,000 RWF1,525.20 XOF
5,000 RWF1,906.50 XOF
10,000 RWF3,813.00 XOF
15,000 RWF5,719.50 XOF
20,000 RWF7,626.00 XOF
30,000 RWF11,439.00 XOF
40,000 RWF15,252.00 XOF
50,000 RWF19,065.00 XOF
100,000 RWF38,130.00 XOF

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


What's the best way to transfer money from Rwanda to Chad?

With the global remittance market booming, there are so many choices for Rwandan Franc to XOF 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 Chad from Rwanda. 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 XOF 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.


How to get the best remit rate for transferring money from Rwanda to Chad?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Chad.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Rwanda to Chad transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your RWF to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

When you want to send money to Chad from Rwanda, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 RWF to XOF 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 Rwanda to Chad. 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 Rwanda to Chad 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 CFA Franc BCEAO overseas.


Should I use my bank to send money from Rwanda to Chad?

Bank transfers have been a traditionally popular way to send money overseas from Rwanda to Chad. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the RWF to XOF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Rwanda bank for your Chad money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Chad from Rwanda fast?

If you need to convert RWF to XOF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Rwanda to Chad could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Rwandan Franc to CFA Franc BCEAO funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Chad.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Rwanda to Chad. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Rwanda to Chad, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Rwandan Franc to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Chad. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Chad getting more money for every Rwandan Franc you send.


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

There are many important aspects of Rwanda to Chad remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Rwanda bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Rwandan Franc amount you want to send from Rwanda.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Chad to validate that they get the money once the transaction clears.