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RWF to USD - Rwandan Franc to US Dollar Converter

Convert Rwandan Franc to US Dollar with daily ECB exchange rates

1 RWF = ~0.000687 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

RWF-USD moves gradually with liquidity. For quick estimates, small transfers are a minor portion of USD value, but always check live rates for accuracy.

Use a live converter and set rate alerts for large transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance estimates

Common RWF - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key factors include central bank policy and inflation, US monetary policy, trade balances, commodity prices (coffee and minerals), and global market sentiment. Exchange rates move as these forces change liquidity and risk appetite.

Economic Context

Trading Relationship

Rwanda's economy engages with global partners through imports, services, and some exports. USD/RWF movements influence import pricing, contract terms, and foreign currency deposits. Sector performance in agriculture and mining shapes demand for foreign exchange.

Key Rate Factors

  • •Bank of Rwanda policy and inflation changes
  • •US Federal Reserve policy decisions
  • •US-Rwanda trade balance and tariffs
  • •Rwanda's commodity exports and terms of trade
  • •Global risk sentiment and USD liquidity

Central Banks

National Bank of Rwanda
Kigali, Rwanda
Sets monetary policy, manages money supply, and acts as lender of last resort for local banks.
Federal Reserve System
Washington, D.C., USA
The US central bank. Sets interest rates, manages inflation, and maintains financial stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates