Compare today's GEL to VEF (Georgian Lari to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 GEL = 18,641,624.1340 VEF
Updated over 24 hours ago
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All you need to know about Georgian Lari to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from Georgia to Venezuela. Send money overseas to your loved ones by comparing Georgian Lari (GEL) 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.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Georgia.
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Latest GEL to VEF Conversion Rates
Here are some latest GEL to VEF (Georgian Lari to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 GEL | 18,641,624.13 VEF |
| 5 GEL | 93,208,120.67 VEF |
| 10 GEL | 186,416,241.34 VEF |
| 25 GEL | 466,040,603.35 VEF |
| 50 GEL | 932,081,206.70 VEF |
| 100 GEL | 1,864,162,413.40 VEF |
| 150 GEL | 2,796,243,620.10 VEF |
| 200 GEL | 3,728,324,826.80 VEF |
| 250 GEL | 4,660,406,033.50 VEF |
| 300 GEL | 5,592,487,240.20 VEF |
| 400 GEL | 7,456,649,653.60 VEF |
| 500 GEL | 9,320,812,067.00 VEF |
| 600 GEL | 11,184,974,480.40 VEF |
| 700 GEL | 13,049,136,893.80 VEF |
| 800 GEL | 14,913,299,307.20 VEF |
| 1,000 GEL | 18,641,624,134.00 VEF |
| 1,500 GEL | 27,962,436,201.00 VEF |
| 2,000 GEL | 37,283,248,268.00 VEF |
| 2,500 GEL | 46,604,060,335.00 VEF |
| 3,000 GEL | 55,924,872,402.00 VEF |
| 4,000 GEL | 74,566,496,536.00 VEF |
| 5,000 GEL | 93,208,120,670.00 VEF |
| 10,000 GEL | 186,416,241,340.00 VEF |
| 15,000 GEL | 279,624,362,010.00 VEF |
| 20,000 GEL | 372,832,482,680.00 VEF |
| 30,000 GEL | 559,248,724,020.00 VEF |
| 40,000 GEL | 745,664,965,360.00 VEF |
| 50,000 GEL | 932,081,206,700.00 VEF |
| 100,000 GEL | 1,864,162,413,400.00 VEF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Georgia to Venezuela money transfers?
Sending money internationally to Venezuela from Georgia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Georgian Lari to VEF remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Venezuela. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Venezuelan Bolivar.
How to get the best rate to transfer money to Venezuela from Georgia?
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 Georgia.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GEL 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 GEL 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 for transferring money to Venezuela from Georgia?
When you want to send money to Venezuela from Georgia, 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 GEL 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 Georgia 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 Georgia 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 Georgia to Venezuela?
We do not recommend using your local bank in Georgia for your next GEL 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 Georgia 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 Georgia 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.
What is the fastest way to do a money transfer to Venezuela from Georgia?
The speed of your Georgian Lari to Venezuelan Bolivar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GEL to VEF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Venezuela from Georgia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Venezuela if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout VEF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Georgia bank to Venezuela bank transfer.
Which are the best money transfer companies to send money from Georgia to Venezuela?
Comparing money transfer companies for sending money to Venezuela from Georgia 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 Georgian Lari 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 Georgian Lari that you send.
Step by step guide to do a money transfer from Georgia to Venezuela
There are many important aspects of Georgia to Venezuela remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Georgia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include VEF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Georgian Lari amount you want to send from Georgia.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.