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

Compare today's KWD to VEF (Kuwaiti Dinar to Venezuelan Bolivar) exchange rates

Kuwait
Venezuela
KWD
Interbank Exchange Rate: 1 KWD = 99,447,759.3771 VEF
Updated over 24 hours ago

Found 0 Remittance Service Providers

All you need to know about Kuwaiti Dinar to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Kuwait to Venezuela. Send money overseas to your loved ones by comparing Kuwaiti Dinar (KWD) 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.

Were you looking to send money from Venezuela to Kuwait 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 KWD to VEF Conversion Rates

Here are some latest KWD to VEF (Kuwaiti Dinar to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 KWD99,447,759.38 VEF
5 KWD497,238,796.89 VEF
10 KWD994,477,593.77 VEF
25 KWD2,486,193,984.43 VEF
50 KWD4,972,387,968.86 VEF
100 KWD9,944,775,937.71 VEF
150 KWD14,917,163,906.57 VEF
200 KWD19,889,551,875.42 VEF
250 KWD24,861,939,844.28 VEF
300 KWD29,834,327,813.13 VEF
400 KWD39,779,103,750.84 VEF
500 KWD49,723,879,688.55 VEF
600 KWD59,668,655,626.26 VEF
700 KWD69,613,431,563.97 VEF
800 KWD79,558,207,501.68 VEF
1,000 KWD99,447,759,377.10 VEF
1,500 KWD149,171,639,065.65 VEF
2,000 KWD198,895,518,754.20 VEF
2,500 KWD248,619,398,442.75 VEF
3,000 KWD298,343,278,131.30 VEF
4,000 KWD397,791,037,508.40 VEF
5,000 KWD497,238,796,885.50 VEF
10,000 KWD994,477,593,771.00 VEF
15,000 KWD1,491,716,390,656.50 VEF
20,000 KWD1,988,955,187,542.00 VEF
30,000 KWD2,983,432,781,313.00 VEF
40,000 KWD3,977,910,375,084.00 VEF
50,000 KWD4,972,387,968,855.00 VEF
100,000 KWD9,944,775,937,710.00 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 Kuwait to Venezuela money transfers?

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 Kuwait 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 Kuwaiti Dinar 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 KWD 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 Kuwait. 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 Kuwait?

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 Kuwait.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KWD 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 KWD 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 from Kuwait to Venezuela?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Kuwait to Venezuela via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Kuwaiti Dinar to Venezuelan Bolivar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Kuwait to Venezuela exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for KWD to VEF remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from Kuwait to Venezuela. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the KWD to VEF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Kuwait bank for your Venezuela money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Kuwait to Venezuela?

If you need to convert KWD 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 Kuwait 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 Kuwaiti Dinar 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 Kuwait 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 send money from Kuwait to Venezuela?

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 Kuwait 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 Kuwaiti Dinar 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 Kuwaiti Dinar you send.


Step by step guide to send money from Kuwait to Venezuela

With so many possible ways to transfer Kuwaiti Dinar to Venezuelan Bolivar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Kuwait to Venezuela remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Kuwait and the receiver in Venezuela. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your KWD to Venezuelan Bolivar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.