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 TransferGo card in Rwanda

The TransferGo card helps you spend smarter in Rwanda. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.

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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

RWF

AED

RWF

ALL

RWF

AMD

RWF

ANG

RWF

AOA

RWF

AUD

RWF

AWG

RWF

AZN

B

RWF

BBD

RWF

BDT

RWF

BGN

RWF

BHD

RWF

BMD

RWF

BND

RWF

BOB

RWF

BRL

RWF

BSD

RWF

BTN

RWF

BWP

RWF

BZD

C

RWF

CAD

RWF

CHF

RWF

CLP

RWF

COP

RWF

CRC

RWF

CZK

D

RWF

DJF

RWF

DKK

RWF

DOP

RWF

DZD

E

RWF

EGP

RWF

ETB

RWF

EUR

F

RWF

FJD

G

RWF

GBP

RWF

GEL

RWF

GHS

RWF

GIP

RWF

GMD

RWF

GYD

H

RWF

HKD

RWF

HNL

RWF

HUF

I

RWF

IDR

RWF

ILS

RWF

INR

J

RWF

JMD

RWF

JPY

K

RWF

KES

RWF

KGS

RWF

KHR

RWF

KMF

RWF

KWD

RWF

KYD

RWF

KZT

L

RWF

LKR

RWF

LSL

M

RWF

MAD

RWF

MDL

RWF

MGA

RWF

MKD

RWF

MNT

RWF

MRU

RWF

MUR

RWF

MVR

RWF

MWK

RWF

MXN

RWF

MYR

RWF

MZN

N

RWF

NAD

RWF

NGN

RWF

NOK

RWF

NPR

RWF

NZD

O

RWF

OMR

P

RWF

PEN

RWF

PGK

RWF

PHP

RWF

PKR

RWF

PLN

RWF

PYG

Q

RWF

QAR

R

RWF

RON

S

RWF

SAR

RWF

SBD

RWF

SCR

RWF

SEK

RWF

SGD

RWF

SRD

RWF

SZL

T

RWF

THB

RWF

TJS

RWF

TMT

RWF

TOP

RWF

TRY

RWF

TTD

RWF

TZS

U

RWF

UAH

RWF

UGX

RWF

USD

RWF

UYU

RWF

UZS

V

RWF

VND

RWF

VUV

W

RWF

WST

X

RWF

XAF

RWF

XCD

RWF

XOF

Z

RWF

ZAR

RWF

ZMW

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.

Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

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 TransferGo card 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 the TransferGo card in Rwanda?

Just activate it in the app and start spending — online, in stores, or at ATMs.

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 TransferGo card in Rwanda?

Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.