Compare today's ISK to VEF (Icelandic Krona to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 ISK = 480,333.6363 VEF
Updated over 24 hours ago
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All you need to know about Icelandic Krona to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from Iceland to Venezuela. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) 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 Iceland.
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Latest ISK to VEF Conversion Rates
Here are some latest ISK to VEF (Icelandic Krona to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 ISK | 480,333.64 VEF |
| 5 ISK | 2,401,668.18 VEF |
| 10 ISK | 4,803,336.36 VEF |
| 25 ISK | 12,008,340.91 VEF |
| 50 ISK | 24,016,681.82 VEF |
| 100 ISK | 48,033,363.63 VEF |
| 150 ISK | 72,050,045.45 VEF |
| 200 ISK | 96,066,727.26 VEF |
| 250 ISK | 120,083,409.08 VEF |
| 300 ISK | 144,100,090.89 VEF |
| 400 ISK | 192,133,454.52 VEF |
| 500 ISK | 240,166,818.15 VEF |
| 600 ISK | 288,200,181.78 VEF |
| 700 ISK | 336,233,545.41 VEF |
| 800 ISK | 384,266,909.04 VEF |
| 1,000 ISK | 480,333,636.30 VEF |
| 1,500 ISK | 720,500,454.45 VEF |
| 2,000 ISK | 960,667,272.60 VEF |
| 2,500 ISK | 1,200,834,090.75 VEF |
| 3,000 ISK | 1,441,000,908.90 VEF |
| 4,000 ISK | 1,921,334,545.20 VEF |
| 5,000 ISK | 2,401,668,181.50 VEF |
| 10,000 ISK | 4,803,336,363.00 VEF |
| 15,000 ISK | 7,205,004,544.50 VEF |
| 20,000 ISK | 9,606,672,726.00 VEF |
| 30,000 ISK | 14,410,009,089.00 VEF |
| 40,000 ISK | 19,213,345,452.00 VEF |
| 50,000 ISK | 24,016,681,815.00 VEF |
| 100,000 ISK | 48,033,363,630.00 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 Iceland to Venezuela money transfers?
With the global remittance market booming, there are so many choices for Icelandic Krona 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 Iceland. 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 remit rate for transferring money from Iceland to Venezuela?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Iceland to Venezuela transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your ISK to Venezuelan Bolivar international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Icelandic Krona to Venezuelan Bolivar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to transfer money from Iceland to Venezuela?
One of the most important things to watch out for is hidden fees when sending money to Venezuela from Iceland. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Venezuela using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Venezuelan Bolivar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ISK to Venezuela exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Venezuela from Iceland.
How to send money from Iceland to Venezuela through a bank?
Big banks in Iceland are known to make a lot of money by charging high fees on Venezuela money transfers from Iceland. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a ISK to VEF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Venezuela. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Iceland to Venezuela. You work hard for your money, so you should also ensure you get the maximum yield when you send VEF overseas.
What is the fastest way to do a money transfer to Venezuela from Iceland?
The first thing to do when you need to convert ISK to VEF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Icelandic Krona and Venezuelan Bolivar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Iceland to Venezuela remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Venezuela.
Which are the best money transfer companies to transfer money to Venezuela from Iceland?
Iceland to Venezuela money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Venezuela as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Icelandic Krona to Venezuelan Bolivar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money to Venezuela from Iceland
There are many important aspects of Iceland 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 - Iceland 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 Icelandic Krona amount you want to send from Iceland.
- 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.