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

Venezuela
Monaco
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 Monaco. 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.

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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 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 from Venezuela to Monaco?

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 Monaco. 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 Monaco. 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 Monaco from Venezuela. We provide you with maximum choices to send money to Monaco 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 Monaco?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Monaco from Venezuela.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your VEF to Euro remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for VEF to EUR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

When you want to send money to Monaco 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 Monaco. 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 Monaco 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 to Monaco from Venezuela 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 Monaco (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 Monaco. These companies will let you use your local bank account in Venezuela to pay for your Monaco money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Venezuela to Monaco?

If you need to convert VEF to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Venezuela to Monaco could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Venezuelan Bolivar to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Monaco.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Venezuela to Monaco. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Venezuela to Monaco money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Monaco as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Venezuelan Bolivar to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


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

With so many possible ways to transfer Venezuelan Bolivar to Euro, 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 Monaco 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 Monaco. 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 Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.