Compare today's BOB to VEF (Bolivian Boliviano to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 BOB = 8,898,460.2625 VEF
Updated over 24 hours ago
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All you need to know about Bolivian Boliviano to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from Bolivia to Venezuela. Send money overseas to your loved ones by comparing Bolivian Boliviano (BOB) to Venezuelan Bolivar (VEF) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
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Latest BOB to VEF Conversion Rates
Here are some latest BOB to VEF (Bolivian Boliviano to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 BOB | 8,898,460.26 VEF |
| 5 BOB | 44,492,301.31 VEF |
| 10 BOB | 88,984,602.63 VEF |
| 25 BOB | 222,461,506.56 VEF |
| 50 BOB | 444,923,013.12 VEF |
| 100 BOB | 889,846,026.25 VEF |
| 150 BOB | 1,334,769,039.38 VEF |
| 200 BOB | 1,779,692,052.50 VEF |
| 250 BOB | 2,224,615,065.63 VEF |
| 300 BOB | 2,669,538,078.75 VEF |
| 400 BOB | 3,559,384,105.00 VEF |
| 500 BOB | 4,449,230,131.25 VEF |
| 600 BOB | 5,339,076,157.50 VEF |
| 700 BOB | 6,228,922,183.75 VEF |
| 800 BOB | 7,118,768,210.00 VEF |
| 1,000 BOB | 8,898,460,262.50 VEF |
| 1,500 BOB | 13,347,690,393.75 VEF |
| 2,000 BOB | 17,796,920,525.00 VEF |
| 2,500 BOB | 22,246,150,656.25 VEF |
| 3,000 BOB | 26,695,380,787.50 VEF |
| 4,000 BOB | 35,593,841,050.00 VEF |
| 5,000 BOB | 44,492,301,312.50 VEF |
| 10,000 BOB | 88,984,602,625.00 VEF |
| 15,000 BOB | 133,476,903,937.50 VEF |
| 20,000 BOB | 177,969,205,250.00 VEF |
| 30,000 BOB | 266,953,807,875.00 VEF |
| 40,000 BOB | 355,938,410,500.00 VEF |
| 50,000 BOB | 444,923,013,125.00 VEF |
| 100,000 BOB | 889,846,026,250.00 VEF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Venezuela from Bolivia?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bolivia to Venezuela. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bolivian Boliviano to VEF.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BOB to VEF in Venezuela. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Venezuela from Bolivia. We provide you with maximum choices to send money to Venezuela by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Venezuela from Bolivia?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Venezuela from Bolivia.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your BOB to Venezuelan Bolivar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for BOB to VEF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money to Venezuela from Bolivia?
Finding the cheapest way to send money from Bolivia to Venezuela might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer BOB to VEF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Bolivia to Venezuela exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Bolivia to Venezuela?
We do not recommend using your local bank in Bolivia for your next BOB to VEF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bolivia to Venezuela (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending VEF to Venezuela. These companies will let you use your local bank account in Bolivia to pay for your Venezuela money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Bolivia to Venezuela fast?
If you need to convert BOB to VEF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bolivia to Venezuela could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Bolivian Boliviano to Venezuelan Bolivar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Venezuela.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Bolivia to Venezuela. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to transfer money from Bolivia to Venezuela?
Comparing money transfer companies for sending money to Venezuela from Bolivia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Venezuela. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Bolivian Boliviano to Venezuelan Bolivar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Venezuelan Bolivar yield on every Bolivian Boliviano that you send.
Step by step guide to send money from Bolivia to Venezuela
Follow the below easy steps to send money to Venezuela from Bolivia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bolivia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Venezuela).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.