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.
"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."
"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."
Click here to see other options
Best choice: Western Union Agent
We tested & reviewed dozens of money transfer providers. We found Western Union Agent to be the overall best option.
Transferring 360,000 NGN to RWF will cost you ₦10800 in fees, and you will receive 343,882.83 RWF. The delivery time can take minutes - 5 days, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your Nigeria to Rwanda transfer using Western Union Agent.
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 4 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.
Cheapest way to transfer money from Nigeria to Rwanda: Afriex
Our data shows Afriex is 9.03% cheaper than the second-best option. The company offers a fee of 0 NGN and an exchange rate between NGN and RWF that is 0.8% different to the mid-market rate.
For a cheap way to send NGN to Rwanda, Afriex is a great all round choice.
Fastest way to transfer money to Rwanda from Nigeria: PayPal App (P2P Transfer).
Of 4 companies compared, PayPal App (P2P Transfer) offers the quickest way to send Nairas to Rwanda.
For example, sending ₦360,000 to Rwanda with PayPal App (P2P Transfer) will be minutes.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
Nigeria to Rwanda transfers with PayPal App (P2P Transfer) have a fee of 14400 NGN.
To test that PayPal App (P2P Transfer) was the 'fastest' option we compared 4 providers. With this, we compared overall speed of sending money from Nigeria to Rwanda made up of depositing Nairas, to a money transfer account and transfer times to Rwanda.
When sending at speed is a priority, PayPal App (P2P Transfer) is our recommended choice for sending into Rwanda from Nigeria.
Transferring large sums of money
Of the 4 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 1.0576 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 1.0559 RWF per Naira. This hit a high of 1.0592, and a low of 1.0521.
From the 4 companies compared, Afriex 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. Afriex has a fee of 0 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 1.0559 RWF.
The highest value recorded was 1.0592 RWF, while the lowest was 1.0521 RWF.
4 providers currently offer transfers between Nigeria and Rwanda close to this rate
Want to secure the best NGN-Rwand Franc exchange rates?
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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 Afriex 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, Afriex is the cheapest money transfer provider for bank transfers from the 4 we tested when sending NGN to Rwanda.
With a fee of NGN0 to send money from Nigeria to Rwanda, Afriex 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 4 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?
What is the best exchange rate I can get for sending money from Nigeria to Rwanda?
Are there any minimum or maximum transfer amounts for sending money from Nigeria to Rwanda?
Can I schedule regular transfers between Nigeria and Rwanda?
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