Everything you need to know
Rwanda Currency
Travelling to or living in Rwanda? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the GoCard in Rwanda
Open a UK bank account with us and get a GoCard for smarter spending in Rwanda. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.
What is the currency in Rwanda?
The official currency of Rwanda is the Rwandan franc
The franc replaced the Belgian Congo franc in 1964 and is issued by the National Bank of Rwanda.
RWF, FRw
Banknotes
FRw500
FRw1,000
FRw2,000
FRw5,000
FRw10,000
FRw20,000
Coins
FRw1
FRw5
FRw10
FRw50
Popular Franc pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Rwanda
Cash is widely used in markets, taxis, and rural areas. Credit and debit cards are accepted in Kigali and larger towns, mainly in hotels, restaurants, and supermarkets. Mobile payments like MTN Mobile Money are popular. ATMs are mainly in cities.
Tips for exchanging money in Rwanda
Exchange at banks or licensed bureaux for fair rates.
Avoid airport kiosks and informal vendors.
Always pay in francs to avoid conversion fees.
Keep small notes for local transport and markets.
With TransferGo, you can send RWF directly to Rwandan accounts or use your GoCard for online payments and ATM withdrawals.
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Frequently asked questions
What is the official currency used in Rwanda?
Rwandan franc (RWF).
What is the official currency used in Rwanda?
Symbol: FRw | Code: RWF
Can I use my home currency in Rwanda?
Rarely; francs are required.
How can I use my GoCard in Rwanda?
Just activate it in the app and start spending—online or in stores.
Is it better to use cash or card when spending in Rwanda?
Cash is preferred outside cities; cards work in urban areas.
Are credit or debit cards widely accepted in Rwanda?
In Kigali and tourist areas, yes.
Are there ATMs available in Rwanda, and are there withdrawal limits?
Yes, mainly in cities; limits vary.
Can I use a GoCard in Rwanda?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.