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Compare today's PYG to VEF (Paraguayan Guarani to Venezuelan Bolivar) exchange rates

Paraguay
Venezuela
PYG

Interbank Exchange Rate: 1 PYG = 8,857.4813 VEF
Updated over 24 hours ago

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All you need to know about Paraguayan Guarani to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Paraguay to Venezuela. Send money overseas to your loved ones by comparing Paraguayan Guarani (PYG) 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 Paraguay.

Were you looking to send money from Venezuela to Paraguay instead?

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 PYG to VEF Conversion Rates

Here are some latest PYG to VEF (Paraguayan Guarani to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 PYG8,857.48 VEF
5 PYG44,287.41 VEF
10 PYG88,574.81 VEF
25 PYG221,437.03 VEF
50 PYG442,874.06 VEF
100 PYG885,748.13 VEF
150 PYG1,328,622.19 VEF
200 PYG1,771,496.26 VEF
250 PYG2,214,370.32 VEF
300 PYG2,657,244.39 VEF
400 PYG3,542,992.52 VEF
500 PYG4,428,740.65 VEF
600 PYG5,314,488.78 VEF
700 PYG6,200,236.91 VEF
800 PYG7,085,985.04 VEF
1,000 PYG8,857,481.30 VEF
1,500 PYG13,286,221.95 VEF
2,000 PYG17,714,962.60 VEF
2,500 PYG22,143,703.25 VEF
3,000 PYG26,572,443.90 VEF
4,000 PYG35,429,925.20 VEF
5,000 PYG44,287,406.50 VEF
10,000 PYG88,574,813.00 VEF
15,000 PYG132,862,219.50 VEF
20,000 PYG177,149,626.00 VEF
30,000 PYG265,724,439.00 VEF
40,000 PYG354,299,252.00 VEF
50,000 PYG442,874,065.00 VEF
100,000 PYG885,748,130.00 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 Paraguay to Venezuela?

With the global remittance market booming, there are so many choices for Paraguayan Guarani to VEF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Venezuela from Paraguay. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final VEF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Venezuela from Paraguay?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Venezuela from Paraguay.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PYG to Venezuelan Bolivar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for PYG to VEF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Venezuela from Paraguay?

One of the most important things to watch out for is hidden fees when sending money to Venezuela from Paraguay. 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 PYG 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 Paraguay.


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

Bank transfers have been a traditionally popular way to send money overseas from Paraguay 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 PYG 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 Paraguay 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.


What is the fastest way to transfer money from Paraguay to Venezuela?

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


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

Comparing money transfer companies for sending money to Venezuela from Paraguay can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Venezuela. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Paraguayan Guarani to Venezuelan Bolivar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Venezuelan Bolivar yield on every Paraguayan Guarani that you send.


Step by step guide to send money from Paraguay to Venezuela

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Paraguay to Venezuela, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Paraguay to Venezuela that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Venezuela where they can receive monies in Venezuelan Bolivar.
  • Then, provide details of your Paraguay bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PYG travel to another part of the globe.