USD to RWF Exchange Rate - Convert US Dollar to Rwanda Franc

Converting from US Dollar (USD) to Rwanda Franc (RWF)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is widely recognized as one of the most significant reserve currencies in the world. It was introduced in 1792 and has since become the primary medium of exchange for international trade. The symbol for the US Dollar is "$", and it is divided into 100 smaller units called cents.

The value of the USD is determined by various factors, including economic stability, interest rates, and government policies. Due to its status as the dominant currency in global finance, the USD is frequently used in international transactions and as the standard currency for commodities such as oil and gold. This means that when you exchange USD for other currencies, like the Rwanda Franc, the exchange rate can significantly affect the value of your money.

What is Rwanda Franc (RWF)

The Rwanda Franc (RWF) is the official currency of Rwanda, a small landlocked country located in East Africa. Introduced in 1964, it replaced the Rwandan Rupee at a rate of 1 Franc = 1 Rupee. The symbol for the Rwanda Franc is "FRw," and it is further subdivided into 100 centimes.

The RWF is primarily used within Rwanda for local transactions. Its value can be influenced by various factors, including the country's economic conditions, trade relations, and political stability. Over the years, the RWF has experienced fluctuations against major currencies like the USD. This has made it crucial for travelers and businesses dealing with Rwandan partners to understand the current exchange rate.

Currency Conversion: USD to RWF

When converting from USD to RWF, one must consider the current exchange rate, which can change daily based on market dynamics. For instance, if the exchange rate is 1 USD = 1,000 RWF, it means that for each US dollar, you will receive 1,000 Rwandan Francs. To convert a specific amount of USD to RWF, you can simply multiply the amount of dollars by the exchange rate:

RWF Amount = USD Amount × Exchange Rate

It's essential to note that currency exchange services may charge fees or offer slightly different rates due to their own costs. Therefore, it's advisable to compare rates from multiple sources before making an exchange to ensure you get the best deal.

Understanding the conversion between USD and RWF is particularly important for anyone traveling to Rwanda or engaging in trade with Rwandan businesses. By being informed about the currency and its current value, you can make more informed financial decisions.

US Dollar to Rwanda Franc conversion table

USD to RWF conversion table

US Dollar (USD)Rwanda Franc (RWF)
1 USD1 381.2917244799 RWF
2 USD2 762.5834489598 RWF
3 USD4 143.8751734397 RWF
4 USD5 525.1668979196 RWF
5 USD6 906.4586223995 RWF
6 USD8 287.7503468794 RWF
7 USD9 669.0420713593 RWF
8 USD11 050.3337958392 RWF
9 USD12 431.6255203191 RWF
10 USD13 812.917244799 RWF
100 USD138 129.17244799 RWF
200 USD276 258.34489598 RWF
300 USD414 387.51734397 RWF
400 USD552 516.68979196 RWF
500 USD690 645.86223995 RWF
600 USD828 775.03468794 RWF
700 USD966 904.20713593 RWF
800 USD1 105 033.37958392 RWF
900 USD1 243 162.55203191 RWF
1 000 USD1 381 291.7244799 RWF
2 000 USD2 762 583.4489598 RWF
5 000 USD6 906 458.6223995 RWF
10 000 USD13 812 917.244799 RWF
20 000 USD27 625 834.489598 RWF
50 000 USD69 064 586.223995 RWF
100 000 USD138 129 172.44799 RWF
Last updated December 27, 2024 at 05:55 AM