Compare today's MAD to RWF (Moroccan Dirham to Rwandan Franc) exchange rates
Interbank Exchange Rate: 1 MAD = 159.2043 RWF
Updated about 1 hours ago
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All you need to know about Moroccan Dirham to Rwandan Franc money transfers
Easily compare money transfer providers in one place to send money from Western Sahara to Rwanda. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) 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.
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 Western Sahara.
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Latest MAD to RWF Conversion Rates
Here are some latest MAD to RWF (Moroccan Dirham to Rwandan Franc) exchange rates for popular conversion amounts*.
| 1 MAD | 159.20 RWF |
| 5 MAD | 796.02 RWF |
| 10 MAD | 1,592.04 RWF |
| 25 MAD | 3,980.11 RWF |
| 50 MAD | 7,960.21 RWF |
| 100 MAD | 15,920.43 RWF |
| 150 MAD | 23,880.64 RWF |
| 200 MAD | 31,840.86 RWF |
| 250 MAD | 39,801.08 RWF |
| 300 MAD | 47,761.29 RWF |
| 400 MAD | 63,681.72 RWF |
| 500 MAD | 79,602.15 RWF |
| 600 MAD | 95,522.58 RWF |
| 700 MAD | 111,443.01 RWF |
| 800 MAD | 127,363.44 RWF |
| 1,000 MAD | 159,204.30 RWF |
| 1,500 MAD | 238,806.45 RWF |
| 2,000 MAD | 318,408.60 RWF |
| 2,500 MAD | 398,010.75 RWF |
| 3,000 MAD | 477,612.90 RWF |
| 4,000 MAD | 636,817.20 RWF |
| 5,000 MAD | 796,021.50 RWF |
| 10,000 MAD | 1,592,043.00 RWF |
| 15,000 MAD | 2,388,064.50 RWF |
| 20,000 MAD | 3,184,086.00 RWF |
| 30,000 MAD | 4,776,129.00 RWF |
| 40,000 MAD | 6,368,172.00 RWF |
| 50,000 MAD | 7,960,215.00 RWF |
| 100,000 MAD | 15,920,430.00 RWF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Western Sahara to Rwanda?
With the global remittance market booming, there are so many choices for Moroccan Dirham to RWF 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 Rwanda from Western Sahara. 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 RWF 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 Rwanda from Western Sahara?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Western Sahara to Rwanda transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MAD to Rwandan Franc international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Moroccan Dirham to Rwandan Franc exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way for transferring money to Rwanda from Western Sahara?
The final amount your recipient gets when you send MAD to RWF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Western Sahara to Rwanda used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Rwandan Franc is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Moroccan Dirham to Rwanda exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
How to send money from Western Sahara to Rwanda through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Western Sahara to Rwanda. 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 MAD to RWF 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 Western Sahara bank for your Rwanda 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 from Western Sahara to Rwanda fast?
If you need to convert MAD 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 Western Sahara 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 Moroccan Dirham 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 Western Sahara 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 transfer money from Western Sahara to Rwanda?
Comparing money transfer companies for sending money to Rwanda from Western Sahara 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 Moroccan Dirham 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 Moroccan Dirham that you send.
Step by step guide to transfer money to Rwanda from Western Sahara
There are many important aspects of Western Sahara to Rwanda 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 - Western Sahara 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 RWF 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 Moroccan Dirham amount you want to send from Western Sahara.
- 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.