Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's UGX to RWF (Ugandan Shilling to Rwandan Franc) exchange rates

Uganda
Rwanda
UGX

Interbank Exchange Rate: 1 UGX = 0.4095 RWF
Updated about an hour ago

Found 1 Remittance Service Providers

mukuru
Read more about Mukuru
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 UGX =
374.20 RWF
Transfer Limit (UGX): 1 - 10000
Locked-In Rate1 UGX = 0.3742 RWF

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.





All you need to know about Ugandan Shilling to Rwandan Franc money transfers

Easily compare money transfer providers in one place to send money from Uganda to Rwanda. Send money overseas to your loved ones by comparing Ugandan Shilling (UGX) to Rwandan Franc (RWF) 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.

When making a money transfer to Rwanda from Uganda, we currently have 1 remittance service providers available.

Mukuru currently offers the most competitive rate for sending money to Rwanda and their 1 UGX to RWF exchange rate today is 0.3742.

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 Uganda.

Were you looking to send money from Rwanda to Uganda 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 UGX to RWF Conversion Rates

Here are some latest UGX to RWF (Ugandan Shilling to Rwandan Franc) exchange rates for popular conversion amounts*.

1 UGX0.41 RWF
5 UGX2.05 RWF
10 UGX4.10 RWF
25 UGX10.24 RWF
50 UGX20.47 RWF
100 UGX40.95 RWF
150 UGX61.43 RWF
200 UGX81.90 RWF
250 UGX102.38 RWF
300 UGX122.85 RWF
400 UGX163.80 RWF
500 UGX204.75 RWF
600 UGX245.70 RWF
700 UGX286.65 RWF
800 UGX327.60 RWF
1,000 UGX409.50 RWF
1,500 UGX614.25 RWF
2,000 UGX819.00 RWF
2,500 UGX1,023.75 RWF
3,000 UGX1,228.50 RWF
4,000 UGX1,638.00 RWF
5,000 UGX2,047.50 RWF
10,000 UGX4,095.00 RWF
15,000 UGX6,142.50 RWF
20,000 UGX8,190.00 RWF
30,000 UGX12,285.00 RWF
40,000 UGX16,380.00 RWF
50,000 UGX20,475.00 RWF
100,000 UGX40,950.00 RWF

*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 Rwanda from Uganda?

There are many good choices when it comes to sending money from Uganda to Rwanda. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Ugandan Shilling to RWF money transfers.

We compare different remittance companies to bring you the best options to send money to Rwanda from Uganda. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Ugandan Shilling to Rwandan Franc money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Rwanda from Uganda?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your UGX to Rwandan Franc money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Uganda to Rwanda. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for UGX to RWF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Uganda to Rwanda via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Ugandan Shilling to Rwandan Franc remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Uganda to Rwanda exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for UGX to RWF remittances.


How to send money to Rwanda from Uganda 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 Uganda to Rwanda 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 UGX to RWF transfers.

Given this, there are umpteen additional options to send money to Rwanda instead of just your Uganda 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 Ugandan Shilling even more so that your recipient in Rwanda gets the maximum amount.


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

If you need to convert UGX to RWF 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 Uganda to Rwanda 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 Ugandan Shilling to Rwandan Franc 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 Rwanda.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Uganda to Rwanda. 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 send money to Rwanda from Uganda?

Comparing money transfer companies for sending money to Rwanda from Uganda 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 Ugandan Shilling 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 Ugandan Shilling that you send.


Step by step guide to transfer money to Rwanda from Uganda

With so many possible ways to transfer Ugandan Shilling to Rwandan Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Uganda to Rwanda remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Uganda and the receiver in Rwanda. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your UGX to Rwandan Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.