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
Luxembourg
VEF

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

Found 0 Remittance Service Providers

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 Luxembourg. 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 Luxembourg 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 send money to Luxembourg from Venezuela?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Venezuela to Luxembourg. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Venezuelan Bolivar to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send VEF to EUR in Luxembourg. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Luxembourg from Venezuela. We provide you with maximum choices to send money to Luxembourg by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Venezuela to Luxembourg?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Luxembourg 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 Luxembourg 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 to send money from Venezuela to Luxembourg?

When you want to send money to Luxembourg from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 EUR 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 Luxembourg. 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 Luxembourg 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 Euro overseas.


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

We do not recommend using your local bank in Venezuela for your next VEF to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Venezuela to Luxembourg (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Luxembourg. These companies will let you use your local bank account in Venezuela to pay for your Luxembourg money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Luxembourg from Venezuela fast?

It could be a stressful experience if you need to rush money quickly from Venezuela to Luxembourg. 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 Luxembourg money transfers.


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

Comparing money transfer companies for sending money to Luxembourg 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 Luxembourg. 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 Euro 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 Euro yield on every Venezuelan Bolivar that you send.


Step by step guide to send money from Venezuela to Luxembourg

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 Luxembourg, 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 Luxembourg 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 Luxembourg 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.