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Compare today's RWF to EUR (Rwandan Franc to Euro) exchange rates

Rwanda
Luxembourg
RWF
Interbank Exchange Rate: 1 RWF = 0.0007 EUR
Updated about an hour ago

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All you need to know about Rwandan Franc to Euro money transfers

Easily compare money transfer providers in one place to send money from Rwanda to Luxembourg. Send money overseas to your loved ones by comparing Rwandan Franc (RWF) to Euro (EUR) 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.

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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.

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.


Latest RWF to EUR Conversion Rates

Here are some latest RWF to EUR (Rwandan Franc to Euro) exchange rates for popular conversion amounts*.

1 RWF0.00 EUR
5 RWF0.00 EUR
10 RWF0.01 EUR
25 RWF0.02 EUR
50 RWF0.03 EUR
100 RWF0.07 EUR
150 RWF0.11 EUR
200 RWF0.14 EUR
250 RWF0.18 EUR
300 RWF0.21 EUR
400 RWF0.28 EUR
500 RWF0.35 EUR
600 RWF0.42 EUR
700 RWF0.49 EUR
800 RWF0.56 EUR
1,000 RWF0.70 EUR
1,500 RWF1.05 EUR
2,000 RWF1.40 EUR
2,500 RWF1.75 EUR
3,000 RWF2.10 EUR
4,000 RWF2.80 EUR
5,000 RWF3.50 EUR
10,000 RWF7.00 EUR
15,000 RWF10.50 EUR
20,000 RWF14.00 EUR
30,000 RWF21.00 EUR
40,000 RWF28.00 EUR
50,000 RWF35.00 EUR
100,000 RWF70.00 EUR

*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 Luxembourg from Rwanda?

With the global remittance market booming, there are so many choices for Rwandan Franc to EUR 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 Luxembourg 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 EUR 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 rate to transfer money to Luxembourg from Rwanda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Luxembourg from Rwanda. 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 RWF to Euro 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 Rwanda to Luxembourg corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.


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

One of the most important things to watch out for is hidden fees when sending money to Luxembourg from Rwanda. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Luxembourg using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best RWF to Luxembourg exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Luxembourg from Rwanda.


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

Bank transfers have been a traditionally popular way to send money overseas from Rwanda to Luxembourg. 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 EUR 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 Luxembourg 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 Luxembourg from Rwanda fast?

It could be a stressful experience if you need to rush money quickly from Rwanda to Luxembourg. 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 RWF to EUR. 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 Euro. 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 Rwanda to Luxembourg money transfers.


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

Comparing money transfer companies for sending money to Luxembourg from Rwanda can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Luxembourg. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Rwandan Franc to Euro transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Euro yield on every Rwandan Franc that you send.


Step by step guide to transfer money to Luxembourg from Rwanda

There are many important aspects of Rwanda to Luxembourg 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 EUR 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 Luxembourg to validate that they get the money once the transaction clears.