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Compare today's VEF to ZAR (Venezuelan Bolivar to South African Rand) exchange rates

Venezuela
South Africa
VEF

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

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All you need to know about Venezuelan Bolivar to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Venezuela to South Africa. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to South African Rand (ZAR) 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 South Africa 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 ZAR Conversion Rates

Here are some latest VEF to ZAR (Venezuelan Bolivar to South African Rand) exchange rates for popular conversion amounts*.

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

*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 South Africa?

Sending money internationally to South Africa 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 ZAR 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 South Africa. 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 South African Rand.


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

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your VEF to South African Rand money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Venezuela to South Africa. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for VEF to ZAR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to South Africa from Venezuela?

When you want to send money to South Africa from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in South African Rand. 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 ZAR 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 South Africa. 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 South Africa 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 South African Rand overseas.


Should I use my bank to send money from Venezuela to South Africa?

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


How to send money to South Africa from Venezuela fast?

The speed of your Venezuelan Bolivar to South African Rand funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert VEF to ZAR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to South Africa from Venezuela is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in South Africa if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ZAR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to South Africa bank transfer.


Which are the best money transfer companies to transfer money to South Africa from Venezuela?

Since the Venezuelan Bolivar to South African Rand 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 South Africa. 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 ZAR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in South Africa 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 South Africa transaction.


Step by step guide to transfer money to South Africa from Venezuela

The first step to send money to South Africa from Venezuela is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your VEF to ZAR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in South Africa if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Venezuela bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to South Africa!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Venezuela to South Africa.