Question 1

What's the best way to do Rwanda to Nigeria money transfers?

Accepted Answer

With the global remittance market booming, there are so many choices for Rwandan Franc to NGN 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 Nigeria 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 NGN 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 exchange rate for sending money from Rwanda to Nigeria?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Nigeria from Rwanda.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your RWF to Nigerian Naira remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for RWF to NGN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

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

Accepted Answer

Finding the cheapest way to send money from Rwanda to Nigeria 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 NGN 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 Nigeria 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.

Question 4

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

Accepted Answer

We do not recommend using your local bank in Rwanda for your next RWF to NGN 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 Rwanda to Nigeria (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 NGN to Nigeria. These companies will let you use your local bank account in Rwanda to pay for your Nigeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to do a money transfer to Nigeria from Rwanda?

Accepted Answer

The speed of your Rwandan Franc to Nigerian Naira 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 NGN. 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 Nigeria 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 Nigeria 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 NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Rwanda bank to Nigeria bank transfer.

Question 6

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

Accepted Answer

Comparing money transfer companies for sending money to Nigeria 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 Nigeria. 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 Nigerian Naira 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 Nigerian Naira yield on every Rwandan Franc that you send.

Question 7

Step by step guide to send money from Rwanda to Nigeria

Accepted Answer

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 Rwanda to Nigeria, 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 Rwanda to Nigeria 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 Nigeria where they can receive monies in Nigerian Naira.
Then, provide details of your Rwanda 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 RWF travel to another part of the globe.

1 RWF	0.94 NGN
5 RWF	4.69 NGN
10 RWF	9.38 NGN
25 RWF	23.45 NGN
50 RWF	46.91 NGN
100 RWF	93.81 NGN
150 RWF	140.72 NGN
200 RWF	187.62 NGN
250 RWF	234.53 NGN
300 RWF	281.43 NGN
400 RWF	375.24 NGN
500 RWF	469.05 NGN
600 RWF	562.86 NGN
700 RWF	656.67 NGN
800 RWF	750.48 NGN
1000 RWF	938.10 NGN
1500 RWF	1,407.15 NGN
2000 RWF	1,876.20 NGN
2500 RWF	2,345.25 NGN
3000 RWF	2,814.30 NGN
4000 RWF	3,752.40 NGN
5000 RWF	4,690.50 NGN
10000 RWF	9,381.00 NGN
15000 RWF	14,071.50 NGN
20000 RWF	18,762.00 NGN
30000 RWF	28,143.00 NGN
40000 RWF	37,524.00 NGN
50000 RWF	46,905.00 NGN
100000 RWF	93,810.00 NGN

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

📈 Rwanda to Nigeria Money Transfer Snapshot Today

Money Transfer Providers that matched the search criteria

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

Today's Most Competitive Rwanda to Nigeria Providers

Latest RWF to NGN Conversion Rates