Compare today's VEF to IQD (Venezuelan Bolivar to Iraqi Dinar) exchange rates
Interbank Exchange Rate: 1 VEF = 0.0002 IQD
Updated over 24 hours ago
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All you need to know about Venezuelan Bolivar to Iraqi Dinar money transfers
Easily compare money transfer providers in one place to send money from Venezuela to Iraq. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Iraqi Dinar (IQD) 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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Latest VEF to IQD Conversion Rates
Here are some latest VEF to IQD (Venezuelan Bolivar to Iraqi Dinar) exchange rates for popular conversion amounts*.
| 1 VEF | 0.00 IQD |
| 5 VEF | 0.00 IQD |
| 10 VEF | 0.00 IQD |
| 25 VEF | 0.01 IQD |
| 50 VEF | 0.01 IQD |
| 100 VEF | 0.02 IQD |
| 150 VEF | 0.03 IQD |
| 200 VEF | 0.04 IQD |
| 250 VEF | 0.05 IQD |
| 300 VEF | 0.06 IQD |
| 400 VEF | 0.08 IQD |
| 500 VEF | 0.10 IQD |
| 600 VEF | 0.12 IQD |
| 700 VEF | 0.14 IQD |
| 800 VEF | 0.16 IQD |
| 1,000 VEF | 0.20 IQD |
| 1,500 VEF | 0.30 IQD |
| 2,000 VEF | 0.40 IQD |
| 2,500 VEF | 0.50 IQD |
| 3,000 VEF | 0.60 IQD |
| 4,000 VEF | 0.80 IQD |
| 5,000 VEF | 1.00 IQD |
| 10,000 VEF | 2.00 IQD |
| 15,000 VEF | 3.00 IQD |
| 20,000 VEF | 4.00 IQD |
| 30,000 VEF | 6.00 IQD |
| 40,000 VEF | 8.00 IQD |
| 50,000 VEF | 10.00 IQD |
| 100,000 VEF | 20.00 IQD |
*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 Iraq?
Sending money internationally to Iraq from Venezuela can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Venezuelan Bolivar to IQD remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Iraq. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Iraqi Dinar.
How to get the best exchange rate for your money transfers from Venezuela to Iraq?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your VEF to Iraqi Dinar money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Venezuela to Iraq. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for VEF to IQD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Iraq from Venezuela?
When you want to send money to Iraq from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in Iraqi Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your VEF to IQD money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Venezuela to Iraq. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Venezuela to Iraq exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Iraqi Dinar overseas.
How to send money to Iraq from Venezuela through a bank?
Big banks in Venezuela are known to make a lot of money by charging high fees on Iraq money transfers from Venezuela. 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 VEF to IQD 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 Iraq. 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 Venezuela to Iraq. You work hard for your money, so you should also ensure you get the maximum yield when you send IQD overseas.
What is the fastest way to transfer money from Venezuela to Iraq?
The speed of your Venezuelan Bolivar to Iraqi Dinar 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 IQD. 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 Iraq 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 Iraq 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 IQD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to Iraq bank transfer.
Which are the best money transfer companies to send money to Iraq from Venezuela?
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 Iraq, 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 Iraqi Dinar 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 IQD money transfers to Iraq. 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 Iraq getting more money for every Venezuelan Bolivar you send.
Step by step guide to send money to Iraq from Venezuela
Follow the below easy steps to send money to Iraq 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 Iraq).
- 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.
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.