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Compare today's OMR to VEF (Omani Rial to Venezuelan Bolivar) exchange rates

Oman
Venezuela
OMR

Interbank Exchange Rate: 1 OMR = 98,842,094.0852 VEF
Updated over 24 hours ago

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All you need to know about Omani Rial to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Oman to Venezuela. Send money overseas to your loved ones by comparing Omani Rial (OMR) 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 Oman.

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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 OMR to VEF Conversion Rates

Here are some latest OMR to VEF (Omani Rial to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 OMR98,842,094.09 VEF
5 OMR494,210,470.43 VEF
10 OMR988,420,940.85 VEF
25 OMR2,471,052,352.13 VEF
50 OMR4,942,104,704.26 VEF
100 OMR9,884,209,408.52 VEF
150 OMR14,826,314,112.78 VEF
200 OMR19,768,418,817.04 VEF
250 OMR24,710,523,521.30 VEF
300 OMR29,652,628,225.56 VEF
400 OMR39,536,837,634.08 VEF
500 OMR49,421,047,042.60 VEF
600 OMR59,305,256,451.12 VEF
700 OMR69,189,465,859.64 VEF
800 OMR79,073,675,268.16 VEF
1,000 OMR98,842,094,085.20 VEF
1,500 OMR148,263,141,127.80 VEF
2,000 OMR197,684,188,170.40 VEF
2,500 OMR247,105,235,213.00 VEF
3,000 OMR296,526,282,255.60 VEF
4,000 OMR395,368,376,340.80 VEF
5,000 OMR494,210,470,426.00 VEF
10,000 OMR988,420,940,852.00 VEF
15,000 OMR1,482,631,411,278.00 VEF
20,000 OMR1,976,841,881,704.00 VEF
30,000 OMR2,965,262,822,556.00 VEF
40,000 OMR3,953,683,763,408.00 VEF
50,000 OMR4,942,104,704,260.00 VEF
100,000 OMR9,884,209,408,520.00 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 Oman to Venezuela?

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


How to get the best exchange rate for sending money from Oman 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 Oman 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 OMR 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 Omani Rial 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 send money to Venezuela from Oman?

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 Oman 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 Omani Rial 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 Oman 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 OMR to VEF remittances.


How to send money to Venezuela from Oman through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Oman 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 OMR 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 Oman 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 to Venezuela from Oman fast?

It could be a stressful experience if you need to rush money quickly from Oman 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 OMR 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 Oman to Venezuela money transfers.


Which are the best money transfer companies to send money from Oman to Venezuela?

Oman 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 Omani Rial 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 to Venezuela from Oman

There are many important aspects of Oman to Venezuela remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Oman bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include VEF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Omani Rial amount you want to send from Oman.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Venezuela to validate that they get the money once the transaction clears.