Compare today's KRW to RWF (South Korean Won to Rwandan Franc) exchange rates
📈 South Korea to Rwanda Money Transfer Snapshot Today
- Best KRW to RWF exchange rate today: RWF 0.9620, offered by Airwallex
- Number of money transfer providers compared: 2
- Exchange rate range: RWF 0.9549 to RWF 0.9620
- Potential savings on KRW 1000: RWF 7.10
- Number of deals and promo codes: 2
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real KRW to RWF exchange rate before providers add their margin or fees. exchange rate: 1 KRW = RWF 0.9793 (Updated about an hour ago)
See detailed South Korea to Rwanda money transfer comparison below.
Money Transfer Providers that matched the search criteria
1000 KRW =
962.00 RWF
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.9620 RWF
📢 B2B transfers only
1000 KRW =
954.90 RWF
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.9549 RWF
Money Transfer Providers that did not match the search criteria
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's KRW-RWF exchange rates mean for you
Compare today's KRW-RWF exchange rates and send money from South Korea to Rwanda after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 2 providers that you can rely on for South Korea to Rwanda money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive South Korea to Rwanda Providers
🥇 Airwallex with 1 KRW = 0.9620 RWF (best KRW to RWF exchange rate today).
🥈 GME Remittance offering 1 KRW = 0.9549 RWF.
The exchange rate provided by these 2 providers ranges from RWF 0.9549 to RWF 0.9620. For a KRW 1000 money transfer from South Korea to Rwanda, that could mean up to RWF 7.10 saved on FX alone.
KRW-RWF exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final RWF payout that your recipient gets in Rwanda.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your South Korea to Rwanda remittances.
🔄 Looking for the reverse corridor? Send money from Rwanda to South Korea instead.
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 South Korea.
Latest KRW to RWF Conversion Rates
Here are some latest KRW to RWF (South Korean Won to Rwandan Franc) exchange rates for popular conversion amounts*.
| 1 KRW | 0.98 RWF |
| 5 KRW | 4.90 RWF |
| 10 KRW | 9.79 RWF |
| 25 KRW | 24.48 RWF |
| 50 KRW | 48.96 RWF |
| 100 KRW | 97.93 RWF |
| 150 KRW | 146.89 RWF |
| 200 KRW | 195.86 RWF |
| 250 KRW | 244.83 RWF |
| 300 KRW | 293.79 RWF |
| 400 KRW | 391.72 RWF |
| 500 KRW | 489.65 RWF |
| 600 KRW | 587.58 RWF |
| 700 KRW | 685.51 RWF |
| 800 KRW | 783.44 RWF |
| 1000 KRW | 979.30 RWF |
| 1500 KRW | 1,468.95 RWF |
| 2000 KRW | 1,958.60 RWF |
| 2500 KRW | 2,448.25 RWF |
| 3000 KRW | 2,937.90 RWF |
| 4000 KRW | 3,917.20 RWF |
| 5000 KRW | 4,896.50 RWF |
| 10000 KRW | 9,793.00 RWF |
| 15000 KRW | 14,689.50 RWF |
| 20000 KRW | 19,586.00 RWF |
| 30000 KRW | 29,379.00 RWF |
| 40000 KRW | 39,172.00 RWF |
| 50000 KRW | 48,965.00 RWF |
| 100000 KRW | 97,930.00 RWF |
*Based on the Mid-market Exchange Rate
What's the best way to transfer money from South Korea to Rwanda?
Sending money internationally to Rwanda from South Korea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your South Korean Won to RWF remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Rwanda. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Rwandan Franc.
How to get the best rate to transfer money to Rwanda from South Korea?
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 Rwanda from South Korea.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KRW to Rwandan Franc 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 KRW to RWF 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.
What's the cheapest way for transferring money to Rwanda from South Korea?
Finding the cheapest way to send money from South Korea to Rwanda 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 KRW to RWF 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 South Korea to Rwanda 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 from South Korea to Rwanda through a bank?
We do not recommend using your local bank in South Korea for your next KRW to RWF 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 South Korea to Rwanda (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 RWF to Rwanda. These companies will let you use your local bank account in South Korea to pay for your Rwanda money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from South Korea to Rwanda fast?
It could be a stressful experience if you need to rush money quickly from South Korea 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 KRW 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 South Korea to Rwanda money transfers.
Which are the best money transfer companies to transfer money from South Korea to Rwanda?
Comparing money transfer companies for sending money to Rwanda from South Korea 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 Rwanda. 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 South Korean Won to Rwandan Franc 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 Rwandan Franc yield on every South Korean Won that you send.
Step by step guide to transfer money to Rwanda from South Korea
Follow the below easy steps to send money to Rwanda from South Korea.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your South Korea bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Rwanda).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.