Caracas – The Central Bank of Venezuela (BCV) announced today, March 20, 2026, that the official exchange rate is 455.2547 Bolivars per US dollar, representing an increase of 3.7475 Bolivars (+0.83%) compared to the previous day. This rate is calculated as a weighted average of daily operations conducted by participating banking institutions, according to the BCV. Understanding the Banco Central de Venezuela exchange rate is crucial for businesses and individuals navigating Venezuela’s complex economic landscape.
The BCV’s publication of this daily rate aims to provide an official reference point for the foreign exchange market in Venezuela. Monitoring these fluctuations is essential for comprehending the evolving official exchange rate and its impact on the national economy. The rate serves as a benchmark for financial operations, price setting, and economic planning within the country.
Annual Exchange Rate Trends
The BCV reports a cumulative annual variation of +157.1116 Bolivars (+52.6967%) in the exchange rate. Compared to March 20, 2025, the Bolivar has depreciated by +387.6203 Bolivars (+573.1112%). Last year, the annual accumulated variation on the same date was +30.2302%, demonstrating a significant acceleration in the rate of depreciation over the past year.
Today’s rate, valued as of Friday, March 20, 2026, reflects the ongoing economic pressures within Venezuela and the BCV’s efforts to manage currency fluctuations.
Comparative Exchange Rates
Beyond the USD/VES rate, the BCV also publishes comparative rates against other major currencies. As of today, the Euro (EUR) is valued at 524.50804496 Bolivars, the Chinese Yuan (CNY) at 66.25162989 Bolivars, the Turkish Lira (TRY) at 10.29638584 Bolivars, and the Russian Ruble (RUB) at 5.42720644 Bolivars.
|
EUR |
524,50804496 | |
 |
CNY |
66,25162989 |
 |
TRY |
10,29638584 |
 |
RUB |
5,42720644 |
Bank Exchange Rates (March 18, 2026)
Exchange rates offered by various Venezuelan banks as of March 18, 2026, show some variation. BBVA Provincial offered a purchase rate of 576.0665 Bs/USD and a sale rate of 518.6748 Bs/USD. Bancamiga’s rates were 500.3644 Bs/USD for purchase and 506.9812 Bs/USD for sale. Banesco offered 547.5236 Bs/USD for purchase and 539.1861 Bs/USD for sale. Banco Mercantil’s rates were 577.3717 Bs/USD (purchase) and 545.0000 Bs/USD (sale). Banco Nacional de Crédito BNC offered 464.1637 Bs/USD for purchase and 483.8723 Bs/USD for sale. Other institutions had rates of 514.3980 Bs/USD for purchase and 488.6116 Bs/USD for sale.
The BCV provides a historical record of daily reference rates, allowing for a comprehensive analysis of exchange rate trends. Those interested in a broader regional perspective can consult a comparison of dollar rates across Latin America, and rates by country are also available.
The BCV exchange rate remains a critical indicator for Venezuela’s economic stability. The continued monitoring of these rates is vital for informed financial decision-making. The next official update from the BCV is expected on March 23, 2026.
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