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

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

Venezuela
Latvia
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 Latvia. 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.

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 Latvia 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 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 do Venezuela to Latvia money transfers?

Sending money internationally to Latvia 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 EUR 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 Latvia. 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 Euro.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Latvia 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 Euro 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 Latvia corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Latvia from Venezuela?

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

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


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

Big banks in Venezuela are known to make a lot of money by charging high fees on Latvia 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 EUR 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 Latvia. 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 Latvia. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


What is the fastest way to do a money transfer to Latvia 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 Latvia. 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 EUR 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 Latvia. 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 Euro quickly to Latvia, 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 Latvia?

Since the Venezuelan Bolivar to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Venezuela that may also be able to send money to Latvia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your VEF to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Latvia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Venezuela to Latvia transaction.


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

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 Latvia, 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 Latvia 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 Latvia where they can receive monies in Euro.
  • 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.