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RWF

Rwandan Franc

RWF · Rwanda

37
Moderate
Risk
Historical Scores
344352Jul 2021Jul 2025Jul 2026
What does this mean for you?

The Rwandan Franc is in decent shape overall, scoring 37 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You need at least 7.4%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
5.9%
Debt / GDP
48.4%
GDP Growth
9.4%
FX Volatility
5.0
Governance
Not available
Reserves
4.2 mo
Analysis
What's working well
Government debt is low — less pressure to print money
Economy is growing healthily
What to watch out for
Restrictions on moving your money out of the country
The country is spending much more abroad than it earns — relies on foreign money flowing in
Full Rwanda analysis →

Savings Impact Calculator

RWF
Holding cash in RWF5.9% inflation
RWF 750−RWF 250 (25% purchasing power lost)
Your RWF 1,000 buys 25% less in 5 years
What if you invested RWF 1,000 instead? (5yr, in RWF terms)
USD-denominated assets gain an additional ~2.9%/yr from expected RWF depreciation vs USD
Hold USD Cash
RWF 996
−RWF 4
-0.1%/yr net in RWF
S&P 500
RWF 1835
+RWF 835
range: RWF 855–RWF 3560
10% USD return + 2.9% FX · ±16% vol
Gold
RWF 1678
+RWF 678
range: RWF 496–RWF 4470
8% USD return + 2.9% FX · ±24% vol
Bitcoin
RWF 3424
+RWF 2424
range: RWF 221–RWF 19.9k
25% USD return + 2.9% FX · ±54% vol

All values in RWF. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~2.9%/yr based on the inflation differential between Rwanda (5.9%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how RWF ranks differently.
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