Compare today's VEF to TZS (Venezuelan Bolivar to Tanzanian Shilling) exchange rates
Interbank Exchange Rate: 1 VEF = 0.0001 TZS
Updated over 24 hours ago
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All you need to know about Venezuelan Bolivar to Tanzanian Shilling money transfers
Easily compare money transfer providers in one place to send money from Venezuela to Tanzania. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Tanzanian Shilling (TZS) 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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Latest VEF to TZS Conversion Rates
Here are some latest VEF to TZS (Venezuelan Bolivar to Tanzanian Shilling) exchange rates for popular conversion amounts*.
| 1 VEF | 0.00 TZS |
| 5 VEF | 0.00 TZS |
| 10 VEF | 0.00 TZS |
| 25 VEF | 0.00 TZS |
| 50 VEF | 0.01 TZS |
| 100 VEF | 0.01 TZS |
| 150 VEF | 0.02 TZS |
| 200 VEF | 0.02 TZS |
| 250 VEF | 0.03 TZS |
| 300 VEF | 0.03 TZS |
| 400 VEF | 0.04 TZS |
| 500 VEF | 0.05 TZS |
| 600 VEF | 0.06 TZS |
| 700 VEF | 0.07 TZS |
| 800 VEF | 0.08 TZS |
| 1,000 VEF | 0.10 TZS |
| 1,500 VEF | 0.15 TZS |
| 2,000 VEF | 0.20 TZS |
| 2,500 VEF | 0.25 TZS |
| 3,000 VEF | 0.30 TZS |
| 4,000 VEF | 0.40 TZS |
| 5,000 VEF | 0.50 TZS |
| 10,000 VEF | 1.00 TZS |
| 15,000 VEF | 1.50 TZS |
| 20,000 VEF | 2.00 TZS |
| 30,000 VEF | 3.00 TZS |
| 40,000 VEF | 4.00 TZS |
| 50,000 VEF | 5.00 TZS |
| 100,000 VEF | 10.00 TZS |
*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 Tanzania from Venezuela?
Sending money internationally to Tanzania 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 TZS 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 Tanzania. 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 Tanzanian Shilling.
How to get the best exchange rate for your money transfers from Venezuela to Tanzania?
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 Tanzanian Shilling 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 Tanzania. 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 TZS 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 Tanzania from Venezuela?
The final amount your recipient gets when you send VEF to TZS is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Venezuela to Tanzania used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Tanzanian Shilling is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Venezuelan Bolivar to Tanzania exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Venezuela to Tanzania?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Venezuela to Tanzania money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like VEF to TZS transfers.
Given this, there are umpteen additional options to send money to Tanzania instead of just your Venezuela bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Venezuelan Bolivar even more so that your recipient in Tanzania gets the maximum amount.
How to send money from Venezuela to Tanzania fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Venezuela to Tanzania. 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 TZS 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 Tanzania. 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 Tanzanian Shilling quickly to Tanzania, 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 Tanzania?
The first step in selecting the best money transfer operators for Venezuela to Tanzania remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Venezuelan Bolivar to Tanzanian Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Tanzania.
Step by step guide to send money from Venezuela to Tanzania
Follow the below easy steps to send money to Tanzania from Venezuela.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Venezuela bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Tanzania).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.