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Compare today's VEF to LYD (Venezuelan Bolivar to Libyan Dinar) exchange rates

Venezuela
Libya
VEF

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

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All you need to know about Venezuelan Bolivar to Libyan Dinar money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Libya. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Libyan Dinar (LYD) 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 LYD Conversion Rates

Here are some latest VEF to LYD (Venezuelan Bolivar to Libyan Dinar) exchange rates for popular conversion amounts*.

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

*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 Libya?

It can be very confusing when sending money from Venezuela to Libya given so many choices. Additionally, Venezuelan Bolivar to LYD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Venezuela to Libya as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Libya from Venezuela. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Venezuelan Bolivar to Libyan Dinar remittances.


How to get the best remit rate for transferring money from Venezuela to Libya?

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 Libya 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 Libyan Dinar 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 Libyan Dinar 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 send money to Libya from Venezuela?

When you want to send money to Libya from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in Libyan 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 LYD 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 Libya. 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 Libya 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 Libyan Dinar overseas.


Should I use my bank to send money from Venezuela to Libya?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low VEF to LYD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Venezuela to Libya money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Libya from Venezuela. They do this by letting you fund your transaction through your local bank account in Venezuela, and by allowing you to choose the payout to be your recipient's bank account in Libya. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Libya from Venezuela fast?

It could be a stressful experience if you need to rush money quickly from Venezuela to Libya. 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 LYD. 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 Libyan Dinar. 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 Libya money transfers.


Which are the best money transfer companies to send money from Venezuela to Libya?

Comparing money transfer companies for sending money to Libya 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 Libya. 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 Libyan Dinar 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 Libyan Dinar yield on every Venezuelan Bolivar that you send.


Step by step guide to transfer money to Libya from Venezuela

There are many important aspects of Venezuela to Libya 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 LYD 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 Libya to validate that they get the money once the transaction clears.