Compare today's ZAR to VEF (South African Rand to Venezuelan Bolivar) exchange rates
Interbank Exchange Rate: 1 ZAR = 4,167,405.7403 VEF
Updated over 24 hours ago
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All you need to know about South African Rand to Venezuelan Bolivar money transfers
Easily compare money transfer providers in one place to send money from South Africa to Venezuela. Send money overseas to your loved ones by comparing South African Rand (ZAR) 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 ZAR to VEF Conversion Rates
Here are some latest ZAR to VEF (South African Rand to Venezuelan Bolivar) exchange rates for popular conversion amounts*.
| 1 ZAR | 4,167,405.74 VEF |
| 5 ZAR | 20,837,028.70 VEF |
| 10 ZAR | 41,674,057.40 VEF |
| 25 ZAR | 104,185,143.51 VEF |
| 50 ZAR | 208,370,287.02 VEF |
| 100 ZAR | 416,740,574.03 VEF |
| 150 ZAR | 625,110,861.05 VEF |
| 200 ZAR | 833,481,148.06 VEF |
| 250 ZAR | 1,041,851,435.08 VEF |
| 300 ZAR | 1,250,221,722.09 VEF |
| 400 ZAR | 1,666,962,296.12 VEF |
| 500 ZAR | 2,083,702,870.15 VEF |
| 600 ZAR | 2,500,443,444.18 VEF |
| 700 ZAR | 2,917,184,018.21 VEF |
| 800 ZAR | 3,333,924,592.24 VEF |
| 1,000 ZAR | 4,167,405,740.30 VEF |
| 1,500 ZAR | 6,251,108,610.45 VEF |
| 2,000 ZAR | 8,334,811,480.60 VEF |
| 2,500 ZAR | 10,418,514,350.75 VEF |
| 3,000 ZAR | 12,502,217,220.90 VEF |
| 4,000 ZAR | 16,669,622,961.20 VEF |
| 5,000 ZAR | 20,837,028,701.50 VEF |
| 10,000 ZAR | 41,674,057,403.00 VEF |
| 15,000 ZAR | 62,511,086,104.50 VEF |
| 20,000 ZAR | 83,348,114,806.00 VEF |
| 30,000 ZAR | 125,022,172,209.00 VEF |
| 40,000 ZAR | 166,696,229,612.00 VEF |
| 50,000 ZAR | 208,370,287,015.00 VEF |
| 100,000 ZAR | 416,740,574,030.00 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 South Africa to Venezuela?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from South Africa to Venezuela. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer South African Rand to VEF.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ZAR to VEF in Venezuela. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Venezuela from South Africa. We provide you with maximum choices to send money to Venezuela by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from South Africa to Venezuela?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Venezuela from South Africa. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your ZAR to Venezuelan Bolivar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the South Africa to Venezuela corridor to give you more good choices for your next VEF money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from South Africa to Venezuela?
One of the most important things to watch out for is hidden fees when sending money to Venezuela from South Africa. 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 ZAR 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 South Africa.
Should I use my bank to transfer money from South Africa to Venezuela?
Big banks in South Africa are known to make a lot of money by charging high fees on Venezuela money transfers from South Africa. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a ZAR to VEF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Venezuela. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from South Africa to Venezuela. You work hard for your money, so you should also ensure you get the maximum yield when you send VEF overseas.
What is the fastest way to transfer money from South Africa to Venezuela?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from South Africa 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 ZAR 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 South African Rand 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 transfer money to Venezuela from South Africa?
Since the South African Rand to Venezuelan Bolivar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in South Africa that may also be able to send money to Venezuela. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your ZAR to VEF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Venezuela gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next South Africa to Venezuela transaction.
Step by step guide to send money to Venezuela from South Africa
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 South Africa 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 South Africa 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 South Africa 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.