Compare today's MDL to VEF (Moldovan Leu to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 MDL = 3,572,358.5871 VEF
Updated over 24 hours ago
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All you need to know about Moldovan Leu to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from Moldova to Venezuela. Send money overseas to your loved ones by comparing Moldovan Leu (MDL) 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 MDL to VEF Conversion Rates
Here are some latest MDL to VEF (Moldovan Leu to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 MDL | 3,572,358.59 VEF |
| 5 MDL | 17,861,792.94 VEF |
| 10 MDL | 35,723,585.87 VEF |
| 25 MDL | 89,308,964.68 VEF |
| 50 MDL | 178,617,929.36 VEF |
| 100 MDL | 357,235,858.71 VEF |
| 150 MDL | 535,853,788.07 VEF |
| 200 MDL | 714,471,717.42 VEF |
| 250 MDL | 893,089,646.78 VEF |
| 300 MDL | 1,071,707,576.13 VEF |
| 400 MDL | 1,428,943,434.84 VEF |
| 500 MDL | 1,786,179,293.55 VEF |
| 600 MDL | 2,143,415,152.26 VEF |
| 700 MDL | 2,500,651,010.97 VEF |
| 800 MDL | 2,857,886,869.68 VEF |
| 1,000 MDL | 3,572,358,587.10 VEF |
| 1,500 MDL | 5,358,537,880.65 VEF |
| 2,000 MDL | 7,144,717,174.20 VEF |
| 2,500 MDL | 8,930,896,467.75 VEF |
| 3,000 MDL | 10,717,075,761.30 VEF |
| 4,000 MDL | 14,289,434,348.40 VEF |
| 5,000 MDL | 17,861,792,935.50 VEF |
| 10,000 MDL | 35,723,585,871.00 VEF |
| 15,000 MDL | 53,585,378,806.50 VEF |
| 20,000 MDL | 71,447,171,742.00 VEF |
| 30,000 MDL | 107,170,757,613.00 VEF |
| 40,000 MDL | 142,894,343,484.00 VEF |
| 50,000 MDL | 178,617,929,355.00 VEF |
| 100,000 MDL | 357,235,858,710.00 VEF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from Moldova to Venezuela?
There are many good choices when it comes to sending money from Moldova 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 Moldovan Leu to VEF money transfers.We compare different remittance companies to bring you the best options to send money to Venezuela from Moldova. 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 Moldovan Leu 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 remit rate for transferring money from Moldova 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 Moldova 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 MDL 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 send money from Moldova to Venezuela?
Finding the cheapest way to send money from Moldova 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 MDL 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 Moldova 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.
How to send money from Moldova to Venezuela through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MDL to VEF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Moldova to Venezuela money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Venezuela from Moldova. They do this by letting you fund your transaction through your local bank account in Moldova, and by allowing you to choose the payout to be your recipient's bank account in Venezuela. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Moldova to Venezuela?
The speed of your Moldovan Leu to Venezuelan Bolivar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MDL to VEF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Venezuela from Moldova is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Venezuela if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout VEF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Moldova bank to Venezuela bank transfer.
Which are the best money transfer companies to send money to Venezuela from Moldova?
The first step in selecting the best money transfer operators for Moldova to Venezuela remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Moldovan Leu to Venezuelan Bolivar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Venezuela.
Step by step guide to transfer money to Venezuela from Moldova
Follow the below easy steps to send money to Venezuela from Moldova.- 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 Moldova 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.
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.