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Compare today's VEF to UGX (Venezuelan Bolivar to Ugandan Shilling) exchange rates

Venezuela
Uganda
VEF

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

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All you need to know about Venezuelan Bolivar to Ugandan Shilling money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Uganda. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Ugandan Shilling (UGX) 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 Uganda 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 UGX Conversion Rates

Here are some latest VEF to UGX (Venezuelan Bolivar to Ugandan Shilling) exchange rates for popular conversion amounts*.

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

*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 Uganda?

There are many good choices when it comes to sending money from Venezuela to Uganda. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Venezuelan Bolivar to UGX money transfers.

We compare different remittance companies to bring you the best options to send money to Uganda from Venezuela. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Venezuelan Bolivar to Ugandan Shilling money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Uganda from Venezuela?

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 Uganda 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 Ugandan Shilling 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 Ugandan Shilling exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

When you want to send money to Uganda from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in Ugandan Shilling. 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 UGX 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 Uganda. 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 Uganda 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 Ugandan Shilling overseas.


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

Bank transfers have been a traditionally popular way to send money overseas from Venezuela to Uganda. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the VEF to UGX exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Venezuela bank for your Uganda money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


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

It could be a stressful experience if you need to rush money quickly from Venezuela to Uganda. 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 UGX. 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 Ugandan Shilling. 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 Uganda money transfers.


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

The first step in selecting the best money transfer operators for Venezuela to Uganda 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 Ugandan 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 Uganda.


Step by step guide to send money from Venezuela to Uganda

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