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Send money from Rwanda to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Rwanda to Nigeria
While you can’t send RWF to NGN with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send money from Rwanda to Nigeria is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in RWF and your recipient will receive the NGN into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to get the best deal on sending money from Rwanda to Nigeria
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Rwanda to Nigeria.
Choose a provider
Select the provider that offers you the best value on buying NGN & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations for money transfers from Rwanda to Nigeria
Compare providers
Comparing providers offering services between Rwanda and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 3 companies that provide the ability to send Rwand Franc to Nigeria.
This ensures you get the best options for transfers to Nigeria from Rwanda, based on the amount you want to send.
Watch the Rwand Franc-Naira exchange rate
Choose the right payment method
Use providers regulated in Nigeria and Rwanda
Consider transfer limits
Receiving money in Nigeria
Have your ID ready
Tax declarations
The cheapest way to send money to Nigeria from Rwanda is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing RWF/NGN.
The main cost is made up of the fee (around 3 RWF) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much RWF you are sending.
The fastest way to send money to Nigeria from Rwanda is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing RWF/NGN, cash transfer with MoneyGram is the fastest way.
Transfer a large amount of money
Western Union Agent is the best rated company for sending large amounts of Naira to Nigeria out of 3 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Rwanda has the potential to be very expensive.
Western Union Agent is our choice for big transfers to RWF because of all round price, speed and management when making large transfers.
Understanding the cost of sending money from Rwanda to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Rwanda to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your Rwand Franc. The current RWF-NGN mid-market rate is 1.0018 NGN per Rwand Franc.
This rate changes regularly so it can pay to track it. For comparison, the RWF-NGN mid-market rate for the past 7 days has averaged 0.9947 NGN per Rwand Franc, with a low of 0.9918 and a high of 1.0004.
Western Union Agent is currently offering the best exchange rate from the 3 companies compared.
Often the RWF-NGN exchange rate you pay is the biggest cost factor when transferring Rwand Francs to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Rwand Franc you’re sending to Nigeria. Western Union Agent currently has the lowest fees for transfers into NGN of just 3 RWF. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from Rwanda. The bigger the amount received in Nigeria, the lower the overall cost of sending from Rwanda.
Finding the best exchange rate for Rwand Franc to Naira
Timing is essential for sending money between RWF and NGN. The exchange rate you secure impacts how much NGN you get for your RWF.
Over the last week, here’s what we’ve seen:
The exchange rate from RWF to NGN averaged 0.9947 NGN.
The highest value recorded was 1.0004 NGN, while the lowest was 0.9918 NGN.
There are currently 3 providers offering transfers between Rwanda and Nigeria close to this rate
Want to secure the best RWF-Naira exchange rates?
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Rwanda to Nigeria money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from Rwanda to Nigeria.
A money transfer company like Western Union Agent offer bank transfers between Rwanda and Nigeria with lower fees and better exchange rates than you would get from a traditional bank.
On average, Western Union Agent is the cheapest provider for bank transfers of the 3 we tested when sending RWF to Nigeria.
Western Union Agent has a fee of 3 RWF for money transfersfrom Rwanda to Nigeria. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Rwanda to Nigeria with a debit or a prepaid card is very simple with Western Union Agent.
Western Union Agent is a leader in debit card payments for transfers from Rwanda to Nigeria, competing among a total of 3 active money transfer companies on this route.
Credit cards
We recommend avoiding credit cards where possible due to a lack of support and high fees.If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Rwanda.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Rwanda to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send RWF to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
