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🇷🇼 RWF to 🇳🇬 NGNRwandan Franc to Nigerian Naira Rate Today

Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.

Convert Rwandan Franc to Nigerian Naira using the live indicative interbank rate and the converter below. Covers the cost of sending to Nigeria via the major mobile money apps.

LiveUpdated 2026-05-23
1 RWF = 0.9259 NGN

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You convert
🇷🇼RWF
Receives
🇳🇬92.59NGN
1 RWF = 0.93 NGN · Updated 2026-05-23 19:00
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RWF → NGN conversion table

RWFNGN
500462.96
1,000925.93
2,0001,851.85
5,0004,629.63
10,0009,259.26
25,00023,148.15
50,00046,296.30
100,00092,592.59
250,000231,481.48
500,000462,962.96
1,000,000925,925.93

Table computed at the indicative rate of 1 RWF = 0.9259 NGN. Real operator-side values include a 1%-4% spread.

Rwandan Franc to Nigerian Naira exchange rate history

Building rate history — check back soon.

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.

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.

How to send Rwandan Franc to Nigeria

For transfers from Rwanda to Nigeria, 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 Nigeria inbound transfer page.

Related pairs

FAQ

What is the RWF/NGN exchange rate today?
The indicative rate is 1 RWF = 0.9259 NGN, updated 2026-05-23. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 RWF in NGN?
100 RWF ≈ 92.59 NGN at the indicative rate. For 500 RWF: 462.96 NGN. Use the converter above to try other amounts.
What's the best way to send Rwandan Franc to Nigeria?
For RWF to Nigeria transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and the local mobile money operators. The all-in cost depends on the amount and the receiving wallet; see our Nigeria inbound transfer comparison for current side-by-side pricing.
Is the Nigerian Naira a stable currency?
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.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

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 Nigeria, see the inbound transfer comparison.