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Rwandan franc to Nigerian naira Exchange Rate History - XTransfer

Rwandan franc to Nigerian naira Historical Exchange Rates

Welcome to the RWF to NGN exchange rate history page. This page contains detailed daily historical exchange rates between RWF and NGN from 2025-3-8 to 2026-04-13, making it easy to look up and reference.

Amount
Result

1 RWF = 0.941882 NGN

13:31 Exchange Rate

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1 Rwandan franc to Nigerian naira Historical Exchange Rate Trends

1 RWF = -- NGN

13:31 Exchange Rate

RWF - NGN+0%
7D
1M
3M
Invalid DateInvalid Date

1 Rwandan franc to Nigerian naira Data Statistics

This section organizes the historical exchange rate data of 1 RWF to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.941882
0.957193
0.958884
1.0196
Low
0.941882
0.939836
0.930651
0.915884
Average
0.941882
0.947962
0.948258
0.964328

Past 7 days historical exchange rates

Below are the daily average exchange rates of RWF to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to RWF, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

RWF to NGN - Last 7 Days

RWFRWFNGNNGN
2026-04-13
0.941882
RWFRWFNGNNGN
2026-04-12
0.941882
RWFRWFNGNNGN
2026-04-11
0.941882
RWFRWFNGNNGN
2026-04-10
0.941644
RWFRWFNGNNGN
2026-04-09
0.942489
RWFRWFNGNNGN
2026-04-08
0.939836
RWFRWFNGNNGN
2026-04-07
0.950055

NGN to RWF - Last 7 Days

NGNNGNRWFRWF
2026-04-13
1.061704
NGNNGNRWFRWF
2026-04-12
1.061704
NGNNGNRWFRWF
2026-04-11
1.061704
NGNNGNRWFRWF
2026-04-10
1.061972
NGNNGNRWFRWF
2026-04-09
1.06102
NGNNGNRWFRWF
2026-04-08
1.064015
NGNNGNRWFRWF
2026-04-07
1.052571

RWFRWF - Rwandan franc

The Rwandan franc was issued in 1964 and is the core currency for the country's economic development. The RWF supports agriculture and the service industry, and promotes national stability and development.

  • Supporting unit:No auxiliary currency units
  • Denomination of banknotes:500, 1000, 2000, 5000, 10000 francs
  • Reserve currency:No, the US dollar and the euro are the main reserve currencies.
  • Banknote material:Paper-based, with basic anti-counterfeiting measures.
  • Metal composition:Non-mainstream circulating coins
  • Currency symbol:FRw or RWF
  • Paper currency size:For example, 10,000 francs measures approximately 140mm × 70mm.
  • language:en
  • Main unit:1 franc
  • ISO code:RWF
  • Currency name:Rwandan Franc
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:National Bank of Rwanda
  • Safe-haven currency:No, it is an emerging market currency with high volatility.
  • Coin denomination:No widely circulated coins.
  • Countries of Use:Rwanda
  • Cross-border payment:The Rwandan franc is used for international payments through the SWIFT network, while cross-border trade largely relies on the US dollar and the euro as intermediaries. Rwanda is gradually promoting local electronic payment systems to facilitate trade.

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

FAQ

Based on the historical patterns of Rwandan franc to Nigerian naira, is now a good time to exchange?

To judge the timing for exchanging Rwandan franc to Nigerian naira, one must compare current rates with the average over the past year or even five years. If the current Rwandan franc rate is well above the historical average, it usually means RWF is in a strong period, making it a good window for settlement into NGN. Conversely, if Rwandan franc is at a historical low, it is recommended for exporters to hold RWF in batches and avoid the troughs to minimize losses when converting to NGN.

What are the main reasons affecting the historical volatility of RWF to NGN recently?

The core factor affecting the historical volatility of Rwandan franc to Nigerian naira recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of RWF tends to increase, leading to a significant rise in its historical exchange rate against NGN. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for RWF, thereby intensifying the frequency of two-way volatility between Rwandan franc and Nigerian naira.

Has RWF experienced a sharp plunge against NGN before? How can I protect myself?

Historically, Rwandan franc against Nigerian naira has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Rwandan franc exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of RWF to NGN within an acceptable trade cost range.

Is the current exchange rate of Rwandan franc to Nigerian naira considered a historical high or low?

To evaluate the current level of RWF to NGN, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Rwandan franc is approaching a historical resistance level. If the current RWF price has broken through highs from years ago, it indicates that RWF is at an extreme high; exchanging Rwandan franc to Nigerian naira now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Rwandan franc to Nigerian naira?

AI predictions for RWF to NGN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of RWF through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Rwandan franc to Nigerian naira should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.