🇳🇬 NGN to 🇷🇼 RWF — Nigerian Naira to Rwandan Franc Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert Nigerian Naira to Rwandan Franc using the live indicative interbank rate and the converter below. Covers the cost of sending to Rwanda via the major mobile money apps.
NGN to RWF rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the NGN→RWF rate. + means the Rwandan Franc weakened against the Nigerian Naira; − means it strengthened.
Currency converter
NGN → RWF conversion table
| NGN | RWF |
|---|---|
| 500 | 545 |
| 1,000 | 1,090 |
| 2,000 | 2,180 |
| 5,000 | 5,450 |
| 10,000 | 10,900 |
| 25,000 | 27,250 |
| 50,000 | 54,500 |
| 100,000 | 109,000 |
| 250,000 | 272,500 |
| 500,000 | 545,000 |
| 1,000,000 | 1,090,000 |
Table computed at the indicative rate of 1 NGN = 1 RWF. Real operator-side values include a 1%-4% spread.
Nigerian Naira to Rwandan Franc exchange rate history
What moves the Nigerian Naira rate
The naira has been on a managed float since the 2023 NAFEM unification, which erased most of the old official-vs-parallel gap (30%-60% pre-2023, now 1%-3%). Watch CBN interventions, oil receipts and the parallel-market premium — that is what moves the rate day to day.
About the Nigerian Naira
The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.
About the Rwandan Franc
The Rwandan Franc (RWF, FRw) is the official currency of Rwanda, issued by the National Bank of Rwanda (BNR). The Franc is quoted in whole units; its theoretical 100-centime subdivision is no longer in use. Rwanda runs a managed-float regime and has built a reputation for relatively predictable currency management within the EAC, supported by tight fiscal discipline and consistent multilateral financing. MTN MoMo Rwanda and Airtel Money dominate domestic mobile money, and Rwanda was an early adopter of cross-border MTN MoMo interoperability with Uganda. For diaspora flows landing in MTN MoMo Rwanda, the published RWF rate typically sits within 1%-2% of the interbank reference. Rwanda imposes no specific government levy on mobile-money transactions, leaving the all-in cost of receiving notably lower than in neighbouring Uganda or Tanzania.
How to send Nigerian Naira to Rwanda
For transfers from Nigeria to Rwanda, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our Rwanda inbound transfer page.
Related pairs
FAQ
What is the NGN/RWF exchange rate today?
How much is 100 NGN in RWF?
What's the best way to send Nigerian Naira to Rwanda?
Is the Rwandan Franc a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Rwanda, see the inbound transfer comparison.