Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's CAD to VEF (Canadian Dollar to Venezuelan Bolivar) exchange rates

Canada
Venezuela
CAD
Interbank Exchange Rate: 1 CAD = 47,907,104.4076 VEF
Updated over 24 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 CAD =
170 324.50 VEF
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 170.3245 VEF

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Canadian Dollar to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Canada to Venezuela. Send money overseas to your loved ones by comparing Canadian Dollar (CAD) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Canada to Venezuela.

The best rate to send Venezuelan Bolivar from Canadian Dollar to your loved ones in Venezuela is currently offered by Western Union; their 1 CAD to VEF exchange rate today is 170.3245.

Were you looking to send money from Venezuela to Canada instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest CAD to VEF Conversion Rates

Here are some latest CAD to VEF (Canadian Dollar to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 CAD47,907,104.41 VEF
5 CAD239,535,522.04 VEF
10 CAD479,071,044.08 VEF
25 CAD1,197,677,610.19 VEF
50 CAD2,395,355,220.38 VEF
100 CAD4,790,710,440.76 VEF
150 CAD7,186,065,661.14 VEF
200 CAD9,581,420,881.52 VEF
250 CAD11,976,776,101.90 VEF
300 CAD14,372,131,322.28 VEF
400 CAD19,162,841,763.04 VEF
500 CAD23,953,552,203.80 VEF
600 CAD28,744,262,644.56 VEF
700 CAD33,534,973,085.32 VEF
800 CAD38,325,683,526.08 VEF
1,000 CAD47,907,104,407.60 VEF
1,500 CAD71,860,656,611.40 VEF
2,000 CAD95,814,208,815.20 VEF
2,500 CAD119,767,761,019.00 VEF
3,000 CAD143,721,313,222.80 VEF
4,000 CAD191,628,417,630.40 VEF
5,000 CAD239,535,522,038.00 VEF
10,000 CAD479,071,044,076.00 VEF
15,000 CAD718,606,566,114.00 VEF
20,000 CAD958,142,088,152.00 VEF
30,000 CAD1,437,213,132,228.00 VEF
40,000 CAD1,916,284,176,304.00 VEF
50,000 CAD2,395,355,220,380.00 VEF
100,000 CAD4,790,710,440,760.00 VEF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Canada to Venezuela?

With the global remittance market booming, there are so many choices for Canadian Dollar to VEF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Venezuela from Canada. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final VEF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Canada to Venezuela?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Venezuela.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Canada to Venezuela transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your CAD to Venezuelan Bolivar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Venezuela from Canada?

When you want to send money to Venezuela from Canada, you obviously want the cheapest possible option to maximize the money your recipient gets in Venezuelan Bolivar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your CAD to VEF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Canada to Venezuela. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Canada to Venezuela exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Venezuelan Bolivar overseas.


Should I use my bank to transfer money from Canada to Venezuela?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low CAD to VEF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Canada to Venezuela money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Venezuela from Canada. They do this by letting you fund your transaction through your local bank account in Canada, and by allowing you to choose the payout to be your recipient's bank account in Venezuela. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Venezuela from Canada?

It could be a stressful experience if you need to rush money quickly from Canada to Venezuela. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert CAD to VEF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Venezuelan Bolivar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Canada to Venezuela money transfers.


Which are the best money transfer companies to send money to Venezuela from Canada?

Since the Canadian Dollar to Venezuelan Bolivar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Canada that may also be able to send money to Venezuela. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your CAD to VEF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Venezuela gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Canada to Venezuela transaction.


Step by step guide to send money from Canada to Venezuela

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Canada to Venezuela, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Canada to Venezuela that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Venezuela where they can receive monies in Venezuelan Bolivar.
  • Then, provide details of your Canada bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your CAD travel to another part of the globe.