🇷🇼 RWF to 🇳🇬 NGN — Rwandan Franc to Nigerian Naira Rate Today
Indicative interbank rate. Rate may be out of date — last confirmed 23 May 19:00 UTC (71d ago) · ExchangeRate-API (interbank)
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.
Currency converter
RWF → NGN conversion table
| RWF | NGN |
|---|---|
| 500 | 462.96 |
| 1,000 | 925.93 |
| 2,000 | 1,851.85 |
| 5,000 | 4,629.63 |
| 10,000 | 9,259.26 |
| 25,000 | 23,148.15 |
| 50,000 | 46,296.30 |
| 100,000 | 92,592.59 |
| 250,000 | 231,481.48 |
| 500,000 | 462,962.96 |
| 1,000,000 | 925,925.93 |
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
Official vs Parallel Market Rate
Tracks live P2P (via Bybit)The official and parallel rates have nearly converged — the gap is small, so licensed bank and app channels are both safe and competitive.
Parallel signal: Binance P2P USDT median, updated 2 Aug 2026, 09:00 (less than 1h ago). The quote tracks the live official rate between refreshes.
The parallel rate shown is an indicative, community-aggregated figure sourced from MomoCalc parallel-rate tracker. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.
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?
How much is 100 RWF in NGN?
What's the best way to send Rwandan Franc to Nigeria?
Is the Nigerian Naira 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 Nigeria, see the inbound transfer comparison.