🇹🇿 TZS to 🇷🇼 RWF — Tanzanian Shilling to Rwandan Franc Rate Today
Live indicative interbank rate. Last refreshed 22 Jun 2026 12:00:04 UTC.
Convert Tanzanian Shilling 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.
TZS to RWF rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the TZS→RWF rate. + means the Rwandan Franc weakened against the Tanzanian Shilling; − means it strengthened.
Why the TZS–RWF corridor matters
Rwanda reaches the sea via Tanzania's Central Corridor; transit goods, fuel and regional trade move the franc–shilling rate between Kigali and Dar es Salaam.
Currency converter
TZS → RWF conversion table
| TZS | RWF |
|---|---|
| 500 | 281 |
| 1,000 | 561 |
| 2,000 | 1,122 |
| 5,000 | 2,805 |
| 10,000 | 5,610 |
| 25,000 | 14,025 |
| 50,000 | 28,050 |
| 100,000 | 56,100 |
| 250,000 | 140,250 |
| 500,000 | 280,500 |
| 1,000,000 | 561,000 |
Table computed at the indicative rate of 1 TZS = 0.561 RWF. Real operator-side values include a 1%-4% spread.
Tanzanian Shilling to Rwandan Franc exchange rate history
What moves the Tanzanian Shilling rate
The Tanzanian shilling is on a managed float under the Bank of Tanzania. Gold, tourism, agricultural exports (cashews, coffee) and the import bill — including used vehicles from Japan — shape the rate.
About the Tanzanian Shilling
The Tanzanian Shilling (TZS, TSh) is the official currency of Tanzania, issued by the Bank of Tanzania and notionally subdivided into 100 cents — though the cent denomination is no longer in circulation. Tanzania operates a managed-float regime, and the Shilling has been comparatively stable against the USD over the 2020s relative to peers, partly because of consistent gold-export revenue and a current-account balance closer to neutral. M-Pesa, Tigo Pesa (now branded Mixx by Yas) and Airtel Money dominate the in-country mobile-money landscape, and the Bank of Tanzania has been progressive in enabling cross-border M-Pesa Global transfers to Kenya, Uganda, Rwanda and beyond. Tanzania abolished the 2021 mobile-money transfer levy on P2P sends but retains a tiered withdrawal levy capped at TZS 4,000 per cash-out at agent or ATM.
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 Tanzanian Shilling to Rwanda
For transfers from Tanzania 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 TZS/RWF exchange rate today?
How much is 100 TZS in RWF?
What's the best way to send Tanzanian Shilling 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.