Compare today's EUR to VEF (Euro to Venezuelan Bolivar) exchange rates
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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 Luxembourg 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.
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Latest EUR to VEF Conversion Rates
Here are some latest EUR to VEF (Euro to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 EUR | 74,988,991.59 VEF |
| 5 EUR | 374,944,957.96 VEF |
| 10 EUR | 749,889,915.91 VEF |
| 25 EUR | 1,874,724,789.78 VEF |
| 50 EUR | 3,749,449,579.55 VEF |
| 100 EUR | 7,498,899,159.10 VEF |
| 150 EUR | 11,248,348,738.65 VEF |
| 200 EUR | 14,997,798,318.20 VEF |
| 250 EUR | 18,747,247,897.75 VEF |
| 300 EUR | 22,496,697,477.30 VEF |
| 400 EUR | 29,995,596,636.40 VEF |
| 500 EUR | 37,494,495,795.50 VEF |
| 600 EUR | 44,993,394,954.60 VEF |
| 700 EUR | 52,492,294,113.70 VEF |
| 800 EUR | 59,991,193,272.80 VEF |
| 1,000 EUR | 74,988,991,591.00 VEF |
| 1,500 EUR | 112,483,487,386.50 VEF |
| 2,000 EUR | 149,977,983,182.00 VEF |
| 2,500 EUR | 187,472,478,977.50 VEF |
| 3,000 EUR | 224,966,974,773.00 VEF |
| 4,000 EUR | 299,955,966,364.00 VEF |
| 5,000 EUR | 374,944,957,955.00 VEF |
| 10,000 EUR | 749,889,915,910.00 VEF |
| 15,000 EUR | 1,124,834,873,865.00 VEF |
| 20,000 EUR | 1,499,779,831,820.00 VEF |
| 30,000 EUR | 2,249,669,747,730.00 VEF |
| 40,000 EUR | 2,999,559,663,640.00 VEF |
| 50,000 EUR | 3,749,449,579,550.00 VEF |
| 100,000 EUR | 7,498,899,159,100.00 VEF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Luxembourg to Venezuela?
There are many good choices when it comes to sending money from Luxembourg to Venezuela. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to VEF money transfers.We compare different remittance companies to bring you the best options to send money to Venezuela from Luxembourg. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to Venezuelan Bolivar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for your money transfers from Luxembourg 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 Luxembourg 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 EUR 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 Euro 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 Luxembourg to Venezuela?
One of the most important things to watch out for is hidden fees when sending money to Venezuela from Luxembourg. 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 EUR 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 Luxembourg.
How to send money to Venezuela from Luxembourg through a bank?
We do not recommend using your local bank in Luxembourg for your next EUR 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 Luxembourg 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 Luxembourg 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.
How to send money from Luxembourg to Venezuela fast?
It could be a stressful experience if you need to rush money quickly from Luxembourg to Venezuela. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert EUR to VEF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Venezuelan Bolivar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Luxembourg to Venezuela money transfers.
Which are the best money transfer companies to send money to Venezuela from Luxembourg?
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 Luxembourg 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 Euro 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 Euro you send.
Step by step guide to transfer money to Venezuela from Luxembourg
The first step to send money to Venezuela from Luxembourg is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your EUR to VEF overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Venezuela if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Luxembourg bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Venezuela!
