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

Rwanda
Iceland
RWF

Interbank Exchange Rate: 1 RWF = 0.0844 ISK
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Rwanda to Iceland. Send money overseas to your loved ones by comparing Rwandan Franc (RWF) to Icelandic Krona (ISK) 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.

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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 ISK Conversion Rates

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

1 RWF0.08 ISK
5 RWF0.42 ISK
10 RWF0.84 ISK
25 RWF2.11 ISK
50 RWF4.22 ISK
100 RWF8.44 ISK
150 RWF12.66 ISK
200 RWF16.88 ISK
250 RWF21.10 ISK
300 RWF25.32 ISK
400 RWF33.76 ISK
500 RWF42.20 ISK
600 RWF50.64 ISK
700 RWF59.08 ISK
800 RWF67.52 ISK
1,000 RWF84.40 ISK
1,500 RWF126.60 ISK
2,000 RWF168.80 ISK
2,500 RWF211.00 ISK
3,000 RWF253.20 ISK
4,000 RWF337.60 ISK
5,000 RWF422.00 ISK
10,000 RWF844.00 ISK
15,000 RWF1,266.00 ISK
20,000 RWF1,688.00 ISK
30,000 RWF2,532.00 ISK
40,000 RWF3,376.00 ISK
50,000 RWF4,220.00 ISK
100,000 RWF8,440.00 ISK

*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 to Iceland from Rwanda?

It can be very confusing when sending money from Rwanda to Iceland given so many choices. Additionally, Rwandan Franc to ISK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Rwanda to Iceland as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Iceland from Rwanda. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Rwandan Franc to Icelandic Krona remittances.


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

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 Iceland.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Rwanda to Iceland 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 Icelandic Krona 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 to send money to Iceland from Rwanda?

Finding the cheapest way to send money from Rwanda to Iceland 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 RWF to ISK 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 Rwanda to Iceland 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.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Rwanda to Iceland money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like RWF to ISK transfers.

Given this, there are umpteen additional options to send money to Iceland instead of just your Rwanda bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Rwandan Franc even more so that your recipient in Iceland gets the maximum amount.


What is the fastest way to transfer money from Rwanda to Iceland?

The speed of your Rwandan Franc to Icelandic Krona funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert RWF to ISK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Iceland from Rwanda is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Iceland if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ISK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Rwanda bank to Iceland bank transfer.


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

Since the Rwandan Franc to Icelandic Krona 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 Rwanda that may also be able to send money to Iceland. 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 RWF to ISK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iceland gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Rwanda to Iceland transaction.


Step by step guide to send money to Iceland from Rwanda

The first step to send money to Iceland from Rwanda 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 RWF to ISK 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 Iceland if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Rwanda bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Iceland!

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 Rwanda to Iceland.