The official exchange rate published by the Banco Central de Venezuela reached 794,9917 Bs/USD for the value date of Monday, August 31, 2026. According to the Banco Central de Venezuela, this figure marks an increase of 3,325 bolívares, or 0,42%, compared to the previous trading session. The official rate is derived from the weighted average of daily operations conducted by participating banking institution exchange desks.
Did You Know?
The annual cumulative variation of the official exchange rate stands at +496,8486 bolívares, representing a 166,6477% change compared to prior reporting.
Exchange Rate Evolution and Comparative Figures
The latest update provides a formal reference point for the Venezuelan exchange market. When compared against the reference date of September 1, 2025, the official rate has increased by 646,5477 bolívares, or 435,5499%. For comparison, the annual cumulative variation recorded on the exact same day of the previous year stood at 185,8293%.
Alongside the primary US dollar rate, the Banco Central de Venezuela published comparative rates for other major global currencies. The euro is listed at 922,69121677, the Chinese yuan at 118,23020181, the Turkish lira at 16,47982495, and the Russian ruble at 9,22739438.
Commercial Bank Indicative Rates
Individual financial institutions recorded distinct buy and sell rates during the trading week ending Friday, August 28, 2026. Banco Exterior registered buy and sell figures of 900,8739 and 916,5295 Bs/USD respectively. Banco Nacional de Crédito BNC reported a buying rate of 786,1183 and a selling rate of 793,1510 Bs/USD.
Banco Mercantil logged 827,7128 for purchases and 839,9783 for sales. Banesco posted 851,6435 to buy and 871,4521 to sell, while BBVA Provincial recorded 791,6874 for buying and 793,0167 for selling. Other participating banking institutions reported an average buying rate of 815,0333 and a selling rate of 843,8854 Bs/USD.
Financial Planning and Market Implications
The official exchange rate serves as a mandatory reference for financial operations, price setting, and economic planning.
Frequently Asked Questions
What is the official exchange rate for August 31, 2026?
The rate published by the Banco Central de Venezuela is 794,9917 Bs/USD.
How is the official rate calculated?
The rate is determined by the weighted average of daily operations conducted by the exchange desks of participating banks.
What was the increase from the prior session?
The rate increased by 3,325 bolívares, representing a 0,42% change.