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The Rwandan Franc (RWF) is the official currency of Rwanda, managed by the National Bank of Rwanda. It is commonly abbreviated as Frw and plays a crucial role in the Rwandan economy. Introduced in 1964 to replace the East African Shilling, the Rwandan Franc has since undergone several changes in both physical and monetary policy to maintain stability. Rwanda's economy is largely based on agriculture, tourism, and services, with efforts to promote financial inclusion and digital payments.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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