Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's VEF to AUD (Venezuelan Bolivar to Australian Dollar) exchange rates

Venezuela
Kiribati
VEF

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

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All you need to know about Venezuelan Bolivar to Australian Dollar money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Kiribati. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Australian Dollar (AUD) 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 Kiribati 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 AUD Conversion Rates

Here are some latest VEF to AUD (Venezuelan Bolivar to Australian Dollar) exchange rates for popular conversion amounts*.

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

*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 Kiribati?

With the global remittance market booming, there are so many choices for Venezuelan Bolivar to AUD 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 Kiribati 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 AUD 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 sending money from Venezuela to Kiribati?

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 Kiribati.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Venezuela to Kiribati 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 Australian Dollar 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 send money to Kiribati from Venezuela?

Finding the cheapest way to send money from Venezuela to Kiribati 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 AUD 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 Kiribati 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.


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

Bank transfers have been a traditionally popular way to send money overseas from Venezuela to Kiribati. 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 AUD 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 Kiribati 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 do a money transfer to Kiribati from Venezuela?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Venezuela to Kiribati. 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 AUD 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 Kiribati. 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 Australian Dollar quickly to Kiribati, 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 from Venezuela to Kiribati?

Comparing money transfer companies for sending money to Kiribati 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 Kiribati. 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 Australian Dollar 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 Australian Dollar yield on every Venezuelan Bolivar that you send.


Step by step guide to do a money transfer from Venezuela to Kiribati

With so many possible ways to transfer Venezuelan Bolivar to Australian Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Venezuela to Kiribati remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Venezuela and the receiver in Kiribati. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your VEF to Australian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.