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 20,2026,and understand the factors driving the bolivar’s performance against the US dollar in Venezuela.
The Central Bank of Venezuela (BCV) announced on Tuesday, January 20, 2026, that the official exchange rate stood at 344.5071 bolivars per US dollar (bs/USD). This represents an increase of 2.7646 bolivars, equivalent to a 0.809% rise, compared to the previous day.
these daily exchange rates by the BCV is intended to provide an official benchmark 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.
Important Annual Exchange Rate Variation
The BCV exchange rate has experienced considerable fluctuations over the past year. The accumulated annual variation as of January 20, 2026, is a bolivar appreciation of +292.5726 bolivars, representing a significant 563.3492% increase. When compared to January 20,2025,the bolivar has increased by +289.5958 bolivars, a rise of 527.3884%.Notably, the accumulated annual variation on the same date last year was +52.8264%.
Comparative Rates with major Currencies
Beyond the US dollar, the BCV also provided reference rates against other key currencies as of January 20, 2026:
- Euro (EUR): 400.49294882 Bs/EUR
- Chinese Yuan (CNY): 49.44060791 Bs/CNY
- Turkish Lira (TRY): 4.43097658 Bs/TRY
- russian Ruble (RUB): 3.77679067 Bs/RUB
Banking System Rates Reflect Market Dynamics
Informative rates from the banking system, recorded on January 16, 2026, reveal variations in buy and sell rates among different institutions:
| Banco | Date | Buy Rate | Sell Rate |
|---|---|---|---|
| BBVA Provincial | 16/01/2026 | 343.7313 | 356.0999 |
| Banesco | 16/01/2026 | 358.8417 | 367.9349 |
| Mercantile Bank | 16/01/2026 | 352.0709 | 353.7941 |
| Outer Bank | 16/01/2026 | 340.9085 | 362.5979 |
| Plaza Bank | 16/01/2026 | 346.0000 | 347.4682 |
| Other Institutions | 16/01/2026 | 349.5884 | 362.7784 |
These figures demonstrate the range of rates available to consumers and businesses within the Venezuelan banking sector.
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.
