Overall best choice: Western Union
We tested & reviewed dozens of money transfer providers, and Western Union scored highly.
Western Union appeared in 50% of Nigeria to Rwanda searches, and was the top rated company out of 2 that support NGN to RWF.
So for a great mix of cost, speed & features, make your Nigeria to Rwanda transfer using Western Union.
How to get the best deal on your Nigeria to Rwanda transfer
Important things to consider before sending money from Nigeria to Rwanda
Don't settle for the first option. Always compare ways to send money from Nigeria to Rwanda to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Nigeria and Rwanda.
Through this, you get a comprehensive view of all the options you have in Nigeria when you need to send money to Rwanda.
Cheapest way to send money to Rwanda from Nigeria: Western Union
Data collected over the past six months shows that Western Union is 0% cheaper than the second-best option.
The ₦0 transfer cost represents the most common fee for NGN to RWF international transfers, based on data from the past six months.
If you want to secure the best rates on a NGN to Rwanda transfer, make sure you pick Western Union to send your money online.
*The most common fee applied to NGN-RWF by Western Union, based on data from the past six months.
Fastest way to send money from Nigeria to Rwanda: Western Union
Our data shows that Western Union came up as the fastest way to send money from Nigeria to Rwanda in 83.3% of searches. This makes them well suited to urgent NGN to RWF money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Nigeria to Rwanda - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Western Union is your best choice at the moment. This service emerged as the quickest way to send money to Rwanda from Nigeria in 83.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Western Union.
While Western Union may not always be the cheapest or fastest way to send NGN from Nigeria to Rwanda, it’s the provider that will keep you safe and relaxed while your money moves into RWF.
Understanding the costs involved when moving money from Nigeria to Rwanda
When calculating the costs of money transfers between Nigeria and Rwanda, here's what really matters:
The Mid-Market Rate: Today, the NGN-RWF mid-market rate equals to 0.925823 RWF per Naira.
The NGN-RWF average exchange rate for the past three months has been 1.1483 RWF per Naira, with a high of 1.5585 and a low of 0.8184.
When looking to send money, we'd recommend Wise. On average Wise is 2.73% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from NGN to RWF.
How to find the best exchange rate for Naira to Rwand Franc
Timing is essential for sending money between NGN and RWF. The exchange rate you secure impacts how much RWF you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to RWF has seen some fluctuation. On average, it stood at 1.1483.
During this period, the highest value recorded was 1.5585, while the lowest was 0.8184.
Western Union, which is our recommended service to send money online from Nigeria to Rwanda offers an exchange rate that is only 2.73% above the mid-market rate.
Want to secure the best NGN-Rwand Franc exchange rates?
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Payment methods available to fund your Nigeria to Rwanda transfer
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 document.