Compare today's NIO to VEF (Nicaraguan Cordoba to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 NIO = 1,753,657.9405 VEF
Updated over 24 hours ago
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All you need to know about Nicaraguan Cordoba to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from Nicaragua to Venezuela. Send money overseas to your loved ones by comparing Nicaraguan Cordoba (NIO) 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 NIO to VEF Conversion Rates
Here are some latest NIO to VEF (Nicaraguan Cordoba to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 NIO | 1,753,657.94 VEF |
| 5 NIO | 8,768,289.70 VEF |
| 10 NIO | 17,536,579.41 VEF |
| 25 NIO | 43,841,448.51 VEF |
| 50 NIO | 87,682,897.03 VEF |
| 100 NIO | 175,365,794.05 VEF |
| 150 NIO | 263,048,691.08 VEF |
| 200 NIO | 350,731,588.10 VEF |
| 250 NIO | 438,414,485.13 VEF |
| 300 NIO | 526,097,382.15 VEF |
| 400 NIO | 701,463,176.20 VEF |
| 500 NIO | 876,828,970.25 VEF |
| 600 NIO | 1,052,194,764.30 VEF |
| 700 NIO | 1,227,560,558.35 VEF |
| 800 NIO | 1,402,926,352.40 VEF |
| 1,000 NIO | 1,753,657,940.50 VEF |
| 1,500 NIO | 2,630,486,910.75 VEF |
| 2,000 NIO | 3,507,315,881.00 VEF |
| 2,500 NIO | 4,384,144,851.25 VEF |
| 3,000 NIO | 5,260,973,821.50 VEF |
| 4,000 NIO | 7,014,631,762.00 VEF |
| 5,000 NIO | 8,768,289,702.50 VEF |
| 10,000 NIO | 17,536,579,405.00 VEF |
| 15,000 NIO | 26,304,869,107.50 VEF |
| 20,000 NIO | 35,073,158,810.00 VEF |
| 30,000 NIO | 52,609,738,215.00 VEF |
| 40,000 NIO | 70,146,317,620.00 VEF |
| 50,000 NIO | 87,682,897,025.00 VEF |
| 100,000 NIO | 175,365,794,050.00 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 Nicaragua to Venezuela money transfers?
It can be very confusing when sending money from Nicaragua to Venezuela given so many choices. Additionally, Nicaraguan Cordoba 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 Nicaragua 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 Nicaragua. 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 Nicaraguan Cordoba to Venezuelan Bolivar remittances.
How to get the best exchange rate for your money transfers from Nicaragua 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 Nicaragua 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 NIO 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 Nicaragua to Venezuela?
The final amount your recipient gets when you send NIO 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 Nicaragua 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 Nicaraguan Cordoba 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 transfer money from Nicaragua 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 Nicaragua 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 NIO to VEF transfers.
Given this, there are umpteen additional options to send money to Venezuela instead of just your Nicaragua 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 Nicaraguan Cordoba even more so that your recipient in Venezuela gets the maximum amount.
What is the fastest way to transfer money from Nicaragua to Venezuela?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nicaragua 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 NIO 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 Nicaraguan Cordoba 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 from Nicaragua 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 Nicaragua 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 Nicaraguan Cordoba 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 Nicaraguan Cordoba you send.
Step by step guide to send money from Nicaragua to Venezuela
Follow the below easy steps to send money to Venezuela from Nicaragua.- 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 Nicaragua 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.