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Compare today's VEF to DOP (Venezuelan Bolivar to Dominican Peso) exchange rates

Venezuela
Dominican Republic
VEF

Interbank Exchange Rate: 1 VEF = 0.0001 DOP
Updated over 24 hours ago

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All you need to know about Venezuelan Bolivar to Dominican Peso money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Dominican Republic. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Dominican Peso (DOP) 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 Venezuela.

Were you looking to send money from Dominican Republic to Venezuela 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 VEF to DOP Conversion Rates

Here are some latest VEF to DOP (Venezuelan Bolivar to Dominican Peso) exchange rates for popular conversion amounts*.

1 VEF0.00 DOP
5 VEF0.00 DOP
10 VEF0.00 DOP
25 VEF0.00 DOP
50 VEF0.01 DOP
100 VEF0.01 DOP
150 VEF0.02 DOP
200 VEF0.02 DOP
250 VEF0.03 DOP
300 VEF0.03 DOP
400 VEF0.04 DOP
500 VEF0.05 DOP
600 VEF0.06 DOP
700 VEF0.07 DOP
800 VEF0.08 DOP
1,000 VEF0.10 DOP
1,500 VEF0.15 DOP
2,000 VEF0.20 DOP
2,500 VEF0.25 DOP
3,000 VEF0.30 DOP
4,000 VEF0.40 DOP
5,000 VEF0.50 DOP
10,000 VEF1.00 DOP
15,000 VEF1.50 DOP
20,000 VEF2.00 DOP
30,000 VEF3.00 DOP
40,000 VEF4.00 DOP
50,000 VEF5.00 DOP
100,000 VEF10.00 DOP

*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 Venezuela to Dominican Republic?

There are many good choices when it comes to sending money from Venezuela to Dominican Republic. 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 Venezuelan Bolivar to DOP money transfers.

We compare different remittance companies to bring you the best options to send money to Dominican Republic from Venezuela. 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 Venezuelan Bolivar to Dominican Peso money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Venezuela to Dominican Republic?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Dominican Republic from Venezuela. 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 VEF to Dominican Peso 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 Venezuela to Dominican Republic corridor to give you more good choices for your next DOP 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 Venezuela to Dominican Republic?

One of the most important things to watch out for is hidden fees when sending money to Dominican Republic from Venezuela. 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 Dominican Republic using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Dominican Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best VEF to Dominican Republic 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 Dominican Republic from Venezuela.


Should I use my bank to send money from Venezuela to Dominican Republic?

Bank transfers have been a traditionally popular way to send money overseas from Venezuela to Dominican Republic. 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 VEF to DOP 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 Venezuela bank for your Dominican Republic 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 from Venezuela to Dominican Republic fast?

The speed of your Venezuelan Bolivar to Dominican Peso 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 VEF to DOP. 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 Dominican Republic from Venezuela 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 Dominican Republic 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 DOP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to Dominican Republic bank transfer.


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

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 Venezuela to Dominican Republic, 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 Venezuelan Bolivar to Dominican Peso 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 DOP money transfers to Dominican Republic. 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 Dominican Republic getting more money for every Venezuelan Bolivar you send.


Step by step guide to send money to Dominican Republic from 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 Venezuela to Dominican Republic, 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 Venezuela to Dominican Republic 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 Dominican Republic where they can receive monies in Dominican Peso.
  • Then, provide details of your Venezuela 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 VEF travel to another part of the globe.