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Compare today's VEF to EUR (Venezuelan Bolivar to Euro) exchange rates

Venezuela
Germany
VEF
Interbank Exchange Rate: 1 VEF = 0.0001 EUR
Updated over 24 hours ago

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All you need to know about Venezuelan Bolivar to Euro money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Germany. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Euro (EUR) 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 VEF to EUR Conversion Rates

Here are some latest VEF to EUR (Venezuelan Bolivar to Euro) exchange rates for popular conversion amounts*.

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

*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 Venezuela to Germany?

With the global remittance market booming, there are so many choices for Venezuelan Bolivar to EUR 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 Germany 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 EUR 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 Germany?

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 Venezuela to Germany 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 VEF to Euro 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 Venezuelan Bolivar to Euro 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 transfer money from Venezuela to Germany?

The final amount your recipient gets when you send VEF to EUR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Venezuela to Germany used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Euro is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Venezuelan Bolivar to Germany exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Venezuela to Germany money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like VEF to EUR transfers.

Given this, there are umpteen additional options to send money to Germany instead of just your Venezuela bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Venezuelan Bolivar even more so that your recipient in Germany gets the maximum amount.


What is the fastest way to do a money transfer to Germany from Venezuela?

It could be a stressful experience if you need to rush money quickly from Venezuela to Germany. 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 VEF to EUR. 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 Euro. 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 Venezuela to Germany money transfers.


Which are the best money transfer companies to transfer money from Venezuela to Germany?

Venezuela to Germany 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 Germany 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 Venezuelan Bolivar to Euro 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 transfer money to Germany from Venezuela

There are many important aspects of Venezuela to Germany 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 - Venezuela 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 EUR 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 Venezuelan Bolivar amount you want to send from Venezuela.
  • 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 Germany to validate that they get the money once the transaction clears.