RWF black market rate on Jul 23, 2026: 1,425 per USD
On Thursday, July 23, 2026, the US dollar traded at about 1,425 RWF on Rwanda's parallel (black) market at the close of observations. The day opened at 1,432 RWF, reached a high of 1,432 and a low of 1,420, a trading range of 11.95 RWF (0.84%).
Across 288 observations, the average price to buy dollars was 1,424 RWF and the average price received when selling dollars was 1,478 RWF. Over the session the Rwandan Franc strengthened against the dollar (-0.49% from open to close).
Official rate vs black market rate on Jul 23, 2026
The official exchange rate published for Rwanda on this date was 1,473 RWF per USD. The parallel-market close of 1,425 RWF therefore implied a premium of -3.25% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jul 23, 2026 compares
Compared with the previous observed day (Jul 22, 2026, close 1,432 RWF), the rate moved -0.49%.
One week earlier (Jul 16, 2026) the close was 1,420 RWF, so the weekly change was +0.35%.
Thirty days earlier (Jun 23, 2026) the close was 1,333 RWF, a +6.88% move over the month.
How this daily figure is produced
ETCurrency samples Rwanda's USD/RWF parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 23, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Rwandan Franc black market rate on Jul 23, 2026?
- The USD to RWF parallel market rate closed at approximately 1,425 RWF per US dollar on Thursday, July 23, 2026, after trading between 1,420 and 1,432 RWF.
- How much did the RWF move against the dollar that day?
- From an open of 1,432 to a close of 1,425 RWF, the parallel rate moved -0.49% on Jul 23, 2026.
- What was the gap between the official and black market RWF rate on that date?
- The official rate was 1,473 RWF per USD versus a parallel close of 1,425 RWF, a premium of -3.25%.
- Was the RWF black market rate higher or lower than the day before?
- Lower: the previous observed close was 1,432 RWF on Jul 22, 2026, a change of -0.49%.
Figures are aggregated parallel-market observations for Rwanda in UTC and are indicative only; they are not a quote to trade. See the full USD → Rwandan Franc history or today's live rate.