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Compare today's ILS to VEF (Israeli New Sheqel to Venezuelan Bolivar) exchange rates

Israel
Venezuela
ILS

Interbank Exchange Rate: 1 ILS = 19,083,596.7491 VEF
Updated over 24 hours ago

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All you need to know about Israeli New Sheqel to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Israel to Venezuela. Send money overseas to your loved ones by comparing Israeli New Sheqel (ILS) 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 Israel.

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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.

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.


Latest ILS to VEF Conversion Rates

Here are some latest ILS to VEF (Israeli New Sheqel to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 ILS19,083,596.75 VEF
5 ILS95,417,983.75 VEF
10 ILS190,835,967.49 VEF
25 ILS477,089,918.73 VEF
50 ILS954,179,837.45 VEF
100 ILS1,908,359,674.91 VEF
150 ILS2,862,539,512.37 VEF
200 ILS3,816,719,349.82 VEF
250 ILS4,770,899,187.28 VEF
300 ILS5,725,079,024.73 VEF
400 ILS7,633,438,699.64 VEF
500 ILS9,541,798,374.55 VEF
600 ILS11,450,158,049.46 VEF
700 ILS13,358,517,724.37 VEF
800 ILS15,266,877,399.28 VEF
1,000 ILS19,083,596,749.10 VEF
1,500 ILS28,625,395,123.65 VEF
2,000 ILS38,167,193,498.20 VEF
2,500 ILS47,708,991,872.75 VEF
3,000 ILS57,250,790,247.30 VEF
4,000 ILS76,334,386,996.40 VEF
5,000 ILS95,417,983,745.50 VEF
10,000 ILS190,835,967,491.00 VEF
15,000 ILS286,253,951,236.50 VEF
20,000 ILS381,671,934,982.00 VEF
30,000 ILS572,507,902,473.00 VEF
40,000 ILS763,343,869,964.00 VEF
50,000 ILS954,179,837,455.00 VEF
100,000 ILS1,908,359,674,910.00 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 from Israel to Venezuela?

It can be very confusing when sending money from Israel to Venezuela given so many choices. Additionally, Israeli New Sheqel to VEF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Israel to Venezuela as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Venezuela from Israel. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Israeli New Sheqel to Venezuelan Bolivar remittances.


How to get the best remit rate for transferring money from Israel 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 Israel 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 ILS 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 transfer money from Israel to Venezuela?

The final amount your recipient gets when you send ILS to VEF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Israel to Venezuela used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Venezuelan Bolivar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Israeli New Sheqel to Venezuela exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Israel to Venezuela?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Israel to Venezuela money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ILS to VEF transfers.

Given this, there are umpteen additional options to send money to Venezuela instead of just your Israel bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Israeli New Sheqel even more so that your recipient in Venezuela gets the maximum amount.


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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Israel to Venezuela. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert ILS to VEF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Israeli New Sheqel amount reaching Venezuela. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Venezuelan Bolivar quickly to Venezuela, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Israel to Venezuela, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Israeli New Sheqel to Venezuelan Bolivar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your VEF money transfers to Venezuela. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Venezuela getting more money for every Israeli New Sheqel you send.


Step by step guide to do a money transfer from Israel to Venezuela

Follow the below easy steps to send money to Venezuela from Israel.

  • 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 Israel 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.

The provider will then work on your ILS to VEF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.