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Compare today's EUR to VEF (Euro to Venezuelan Bolivar) exchange rates

Latvia
Venezuela
EUR

Interbank Exchange Rate: 1 EUR = 74,988,991.5910 VEF
Updated over 24 hours ago

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All you need to know about Euro to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Latvia to Venezuela. Send money overseas to your loved ones by comparing Euro (EUR) 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 Latvia.

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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 EUR to VEF Conversion Rates

Here are some latest EUR to VEF (Euro to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 EUR74,988,991.59 VEF
5 EUR374,944,957.96 VEF
10 EUR749,889,915.91 VEF
25 EUR1,874,724,789.78 VEF
50 EUR3,749,449,579.55 VEF
100 EUR7,498,899,159.10 VEF
150 EUR11,248,348,738.65 VEF
200 EUR14,997,798,318.20 VEF
250 EUR18,747,247,897.75 VEF
300 EUR22,496,697,477.30 VEF
400 EUR29,995,596,636.40 VEF
500 EUR37,494,495,795.50 VEF
600 EUR44,993,394,954.60 VEF
700 EUR52,492,294,113.70 VEF
800 EUR59,991,193,272.80 VEF
1,000 EUR74,988,991,591.00 VEF
1,500 EUR112,483,487,386.50 VEF
2,000 EUR149,977,983,182.00 VEF
2,500 EUR187,472,478,977.50 VEF
3,000 EUR224,966,974,773.00 VEF
4,000 EUR299,955,966,364.00 VEF
5,000 EUR374,944,957,955.00 VEF
10,000 EUR749,889,915,910.00 VEF
15,000 EUR1,124,834,873,865.00 VEF
20,000 EUR1,499,779,831,820.00 VEF
30,000 EUR2,249,669,747,730.00 VEF
40,000 EUR2,999,559,663,640.00 VEF
50,000 EUR3,749,449,579,550.00 VEF
100,000 EUR7,498,899,159,100.00 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 to Venezuela from Latvia?

It can be very confusing when sending money from Latvia to Venezuela given so many choices. Additionally, Euro 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 Latvia 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 Latvia. 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 Euro to Venezuelan Bolivar remittances.


How to get the best exchange rate for your money transfers from Latvia to Venezuela?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Venezuela from Latvia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to Venezuelan Bolivar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Latvia to Venezuela corridor to give you more good choices for your next VEF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Latvia to Venezuela?

Finding the cheapest way to send money from Latvia to Venezuela might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer EUR to VEF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Latvia to Venezuela exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

Bank transfers have been a traditionally popular way to send money overseas from Latvia 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 EUR 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 Latvia 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.


How to send money from Latvia to Venezuela fast?

If you need to convert EUR 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 Latvia 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 Euro 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 Latvia 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 transfer money to Venezuela from Latvia?

Latvia 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 Euro 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 from Latvia to Venezuela

With so many possible ways to transfer Euro 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 Latvia 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 Latvia 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 EUR to Venezuelan Bolivar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.