The Central Bank of Venezuela (BCV) set the official exchange rate at 419.9873 Bolivars per US dollar on March 2, 2026, according to data released by the bank. This represents an increase of 2.6294 Bolivars, or 0.63%, compared to the previous day’s rate.
The BCV determines this rate as a weighted average of daily operations conducted through participating banks’ exchange desks. The publication of this rate aims to provide an official reference point for Venezuela’s foreign exchange market, and the BCV encourages daily monitoring to track fluctuations in the official exchange rate.
Year-to-date, the exchange rate has increased by 121.8442 Bolivars, representing a 40.8677% change since the beginning of the year. Compared to March 5, 2025, the rate has risen by 355.5029 Bolivars, a substantial increase of 551.3006%. The year-on-year accumulated variation on the same date last year was +24.1649%.
The BCV too publishes comparative rates against other currencies. As of March 2, 2026, these rates were: 495.6060 Bs/EUR, 61.2458 Bs/CNY, 9.5541 Bs/TRY, and 5.4409 Bs/RUB.
Data from February 27, 2026, shows varying exchange rates offered by individual banks. Banco Nacional de Crédito offered a rate of 433.9743 Bs for purchases, and 438.7360 Bs for sales. Banesco quoted 450.2563 Bs for purchases and 428.4962 Bs for sales. N58 Banco Digital offered 416.3944 Bs for purchases and 417.0161 Bs for sales. Banco Provincial quoted 440.7969 Bs for purchases and 498.3436 Bs for sales. Banco Exterior offered 420.3870 Bs for purchases and 423.0623 Bs for sales, while other institutions reported rates of 481.0034 Bs for purchases and 475.9522 Bs for sales.
The BCV’s exchange rate serves as a benchmark for financial operations, price setting, and economic planning within Venezuela. The bank provides access to historical exchange rate data on its website.