How to send money to Rwanda from Nigeria with the best NGN-RWF rate
Compare the best deals on sending money from Nigeria to Rwanda. Get insights on the cheapest, fastest, and most reliable providers with the best NGN to RWF exchange rates.
Read on for the insights, analysis, and all you need to know about money transfers to Rwanda from Nigeria.
Transferring the other way? Send RWF from Rwanda to Nigeria instead.
"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."
"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."
"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."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
The best way to send NGN to Rwanda is to use cash transfer via Western Union
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/RWF transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using Western Union.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.
Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Rwanda will need to visit a branch to pick up RWF.
How to compare deals on your Nigeria to Rwanda transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Nigeria to Rwanda.
Choose a provider
Select the provider that offers you the best value & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Rwanda from Nigeria.
Summary of recent searches
Understanding Nigeria to Rwanda money transfers
Comparing providers when sending money from Nigeria to Rwanda is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Naira to Rwanda. This ensures you will get the best options for your transfer to Rwanda from Nigeria.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Rwanda.
The cheapest way to send money from Nigeria to Rwanda is a cash transfer via MoneyGram.
The cheapest way to send money to Rwanda from Nigeria is via a cash transfer through a MoneyGram Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/RWF transfers online.
The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Rwanda from Nigeria is via PayPal P2P Transfer
The coverage of NGN/RWF transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transferring large sums of money
Of the 3 money transfer companies tested, Western Union Agent is the strongest option for large transfers from Nigeria to Rwanda.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Rwanda can become expensive through your bank or with the wrong provider.
Western Union Agent is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the costs involved when moving money from Nigeria to Rwanda
The total cost of money transfers to Rwanda from Nigeria, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for NGN-RWF is 0.9978 RWF per Naira.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Rwand Franc for your Nairas.
On average for the last week, the NGN-RWF mid-market rate has been 1.0009 RWF per Naira. This hit a high of 1.003, and a low of 0.9989.
From the 3 companies compared, Western Union Agent offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting NGN to RWF.
Fees: Some money transfers between Nigeria and Rwanda will be subject to fees. Western Union Agent has a fee of 3 NGN based on a 360,000 NGN transfer.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Rwand Franc eventually received in Rwanda.
This number should guide you, as a higher amount of money received in Rwanda means a better overall cost of sending money from Nigeria.
Track the exchange rate for Naira to Rwand Franc
Sending money at the right time between NGN and RWF can make a huge difference to overall cost. The exchange rate impacts how much RWF you get for your NGN.
Over the last 7 days, the average numbers are:
The exchange rate from NGN to RWF averaged 1.0009 RWF.
The highest value recorded was 1.003 RWF, while the lowest was 0.9989 RWF.
3 providers currently offer transfers between Nigeria and Rwanda close to this rate
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Paying for your Nigeria to Rwanda money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Nigeria to Rwanda.
By using a money transfer company such as Western Union Agent to send money from Nigeria to Rwanda, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Western Union Agent is the cheapest money transfer provider for bank transfers from the 3 we tested when sending NGN to Rwanda.
With a fee of NGN3 to send money from Nigeria to Rwanda, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Rwanda with a prepaid or debit card is very easy with Western Union Agent.
Western Union Agent is a great choice for sending money with a debit card from Nigeria to Rwanda. This is from the 3 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Nigeria to Rwanda there aren't that many options, mainly because it's more expensive.
If you have to, we to get the best deal on RWF
Be careful of fees: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. 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 Rwanda and Nigeria.
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 Nigeria to Rwanda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to RWF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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What are the typical transfer fees for sending Nairas to Rwanda through various providers?
How long does it take to send money from Nigeria to Rwanda?
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Are there any minimum or maximum transfer amounts for sending money from Nigeria to Rwanda?
Can I schedule regular transfers between Nigeria and Rwanda?
Tools & resources
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