Venezuela’s Central Bank Reports Bolivar Appreciation Against US Dollar
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Meta Description: Get the latest BCV exchange rate update for January 26, 2026. Understand the bolivar’s performance against the dollar and other major currencies.
The Central Bank of Venezuela (BCV) announced on Monday, January 26, 2026, that the official exchange rate is 350.6285 Bs per US dollar. this represents an increase of 2.8465 Bs, or 0.807%,compared to the previous day’s rate. The BCV states this rate is derived from a weighted average of daily transactions conducted by exchange desks at participating banking institutions.
BCV Aims to Stabilize Exchange Market with official rate
The publication of these daily exchange rates by the BCV is intended to provide a clear, official reference point for the Venezuelan exchange market. According to the central bank, consistent monitoring of these updates is crucial for understanding the evolving dynamics of the official exchange rate.
Significant Annual Exchange Rate Variation
The BCV exchange rate has experienced substantial variation over the past year. The accumulated annual variation as of January 26, 2026, is a bolivar appreciation of +303.6183 Bs, representing a significant increase of +584.6177%. Compared to january 27, 2025, the bolivar has increased by +298.9006 Bs, or +527.6063%. For context, the accumulated annual variation on the same date last year was +57.6716%.
Comparative Rates Against Major Currencies
As of January 26, 2026, the BCV also published comparative rates against other key currencies:
- Euro (EUR): 417.58609701 Bs
- chinese Yuan (CNY): 51.05802949 bs
- Turkish Lira (TRY): 8.20014705 Bs
- Russian Ruble (RUB): 4.69405138 Bs
Banking System Rates Show Variation
informative rates from the banking system, recorded on January 23, 2026, reveal some variation in buy and sell rates:
| Banco | Date | Buy Rate | Sell rate |
|---|---|---|---|
| Banesco | 23/01/2026 | 355.4341 | 352.8681 |
| Mercantile Bank | 23/01/2026 | 370.8604 | 378.9812 |
| BBVA Provincial | 23/01/2026 | 356.6000 | 379.8234 |
| They did | 23/01/2026 | 350.0000 | 352.0000 |
| They are silent | 23/01/2026 | 352.8055 | 356.3297 |
| Other Institutions | 23/01/2026 | 378.7732 | 376.8786 |
The BCV emphasizes that its 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.
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