Venezuela’s Central Bank Reports Bolivar Appreciation Against US Dollar
Stay informed on the evolving exchange rate landscape in Venezuela with daily updates from the BCV.
Caracas – The Central Bank of Venezuela (BCV) announced on Monday, December 1, 2025, that the official exchange rate stood at 247.3003 Bolivars (Bs) per US dollar. This represents an increase of 1.6306 Bs, or 0.6637%, compared to the previous day’s rate. The BCV states this rate is derived from a weighted average of daily transactions conducted by participating banking institutions.
The publication of these rates, according to the BCV, aims to provide an official benchmark for the Venezuelan exchange market. Experts emphasize the importance of monitoring these daily updates to understand the ongoing fluctuations of the official exchange rate.
Annual Exchange Rate Variation
The accumulated annual variation of the exchange rate is a significant +195.3658 bolivars, representing a substantial +376.1773% increase over the past year. When compared to November 29, 2024, the increase is even more pronounced, at +199.9865 bolivars (+422.6811%). For context, the accumulated annual variation on the same date last year was +31.6814%.
Comparative Rates – December 1, 2025
Beyond the USD, the BCV also published reference rates for other major currencies:
- Euro (EUR): 286.40342343 Bs
- Chinese Yuan (CNY): 34.95855303 Bs
- Turkish Lira (TRY): 5.8196111 Bs
- Russian Ruble (RUB): 3.17843831 Bs
Banking System Rates – November 28, 2025
Informative rates from various Venezuelan banks, as of November 28, 2025, reveal a range in buying and selling prices for the US dollar:
| Banco | Date | Buy Rate | Sale Rate |
|---|---|---|---|
| BBVA Provincial | 28/11/2025 | 245.5106 | 247.2975 |
| Banesco | 28/11/2025 | 246.1166 | 247.3199 |
| Mercantile Bank | 28/11/2025 | 246.3012 | 247.5000 |
| National Credit Bank BNC | 28/11/2025 | 245.7562 | 251.1931 |
| N58 Banco Digital | 28/11/2025 | 249.3043 | 249.6867 |
| Other Institutions | 28/11/2025 | 246.3257 | 248.1890 |
The BCV exchange rate serves as a crucial reference point for financial operations, pricing strategies, and broader economic planning within Venezuela. Staying informed with these daily updates is essential for making sound financial decisions in the current economic climate. “.
