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Compare today's VEF to EGP (Venezuelan Bolivar to Egyptian Pound) exchange rates

Venezuela
Egypt
VEF

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

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All you need to know about Venezuelan Bolivar to Egyptian Pound money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Egypt. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Egyptian Pound (EGP) 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.

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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 VEF to EGP Conversion Rates

Here are some latest VEF to EGP (Venezuelan Bolivar to Egyptian Pound) exchange rates for popular conversion amounts*.

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

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Venezuela to Egypt money transfers?

With the global remittance market booming, there are so many choices for Venezuelan Bolivar to EGP 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 Egypt from Venezuela. 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 EGP 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 exchange rate for your money transfers from Venezuela to Egypt?

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 Egypt.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Venezuela to Egypt 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 VEF to Egyptian Pound 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 transfer money from Venezuela to Egypt?

Finding the cheapest way to send money from Venezuela to Egypt might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer VEF to EGP via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Venezuela to Egypt exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Venezuela to Egypt?

Bank transfers have been a traditionally popular way to send money overseas from Venezuela to Egypt. 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 EGP 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 Egypt 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 Venezuela to Egypt?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Venezuela to Egypt. 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 VEF to EGP 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 Venezuelan Bolivar amount reaching Egypt. 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 Egyptian Pound quickly to Egypt, 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 Venezuela to Egypt?

Comparing money transfer companies for sending money to Egypt from Venezuela 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 Egypt. 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 Venezuelan Bolivar to Egyptian Pound 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 Egyptian Pound yield on every Venezuelan Bolivar that you send.


Step by step guide to transfer money to Egypt from Venezuela

Follow the below easy steps to send money to Egypt from Venezuela.

  • 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 Venezuela bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Egypt).
  • 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.

The provider will then work on your VEF to EGP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.