Indicators · Venezuela
Venezuela dollar exchange rate today
Exchange rate
BCV official vs USDT/VES, last 90 days
Between July 11 and the latest quote the BCV moved from 721.35 to 875.65 bolívares per dollar and USDT/VES from 827.80 to 1,016.49; the gap now stands at 16.1%.
The vertical axis does not start at zero. The shaded band is the gap between the two series; a dotted stretch joins days without a reading.
Official: published by the BCV. USDT/VES: reference Tepuy Ventures compiles from public USDT quotes denominated in bolívares.
Venezuela runs on two dollar references. One is the official rate of the Banco Central de Venezuela (BCV); the other is the USDT/VES rate, formed on the P2P USDT market, where individuals buy and sell that stablecoin and pay in bolívares. This page shows both with the gap between them, the BCV series since 2000 and the market series since 2019, refreshed each business day.
Dollar to bolívar calculator
The BCV rate, 875.65, and the USDT/VES rate, 1,016.49, are already loaded. Pick one and the result updates instantly; it also converts euros and other currencies.
Convert an amount
Official BCV is the rate the BCV publishes. USDT/VES is the market reference: how many bolívares 1 USDT costs, a stablecoin that tracks the value of the dollar.
Source: Tepuy Ventures. The bolívar uses the rate you pick; every other currency uses international quotes refreshed once a day. Figures are indicative and are not meant for pricing a professional transaction.
Quick reference: dollars and bolívares at the BCV and USDT/VES rates
| Dollars | Bolívares at BCV | Bolívares at USDT/VES |
|---|---|---|
| 1 | 875.65 | 1,016.49 |
| 5 | 4,378.25 | 5,082.45 |
| 10 | 8,756.50 | 10,164.90 |
| 20 | 17,513.00 | 20,329.80 |
| 50 | 43,782.50 | 50,824.50 |
| 100 | 87,565.00 | 101,649.00 |
| 500 | 437,825.00 | 508,245.00 |
| 1,000 | 875,650.00 | 1,016,490.00 |
| Bolívares | Dollars at BCV | Dollars at USDT/VES |
|---|---|---|
| 1,000 | 1.14 | 0.98 |
| 5,000 | 5.71 | 4.92 |
| 10,000 | 11.42 | 9.84 |
| 50,000 | 57.10 | 49.19 |
| 100,000 | 114.20 | 98.38 |
Amounts calculated with the rates shown on this page; they change every weekday.
Venezuela dollar history
The official rate went from Bs. 191.36 to Bs. 875.65 per dollar between October 9, 2025 and the same date in 2026: 4.58 times, a rise of 358%.
BCV official and USDT/VES since 2019, logarithmic scale
In current bolívares, after the redenominations, a dollar at the BCV rate cost 0.003295 in January 2019 and costs 875.65 now. Logarithmic scale.
Each step on the vertical axis multiplies by 10. Values are in current bolívares, after the redenominations. Dotted stretches join month-end readings (January to June 2019, December 2021 to May 2022); the rest are weekly readings.
Last 15 quoted days
| Date | BCV official | USDT/VES | Gap |
|---|---|---|---|
| 875.65 | 1,016.49 | 16.1% | |
| 874.73 | 1,017.47 | 16.3% | |
| 873.87 | 1,019.27 | 16.6% | |
| 872.39 | 999.85 | 14.6% | |
| 872.39 | 992.50 | 13.8% | |
| 866.56 | 975.45 | 12.6% | |
| 860.18 | 963.83 | 12.0% | |
| 859.06 | 955.86 | 11.3% | |
| 857.89 | 959.10 | 11.8% | |
| 857.01 | 963.99 | 12.5% | |
| 855.66 | 969.88 | 13.3% | |
| 854.46 | 967.16 | 13.2% | |
| 853.50 | 964.07 | 13.0% | |
| 852.42 | 953.25 | 11.8% | |
| 849.56 | 949.78 | 11.8% |
Bolívares per dollar. Official: published by the BCV. USDT/VES: reference compiled by Tepuy Ventures. Gap: USDT/VES over the BCV rate, in percent. A day without a market quote is not listed.
Venezuela macro indicators
The most recent official data, each with its period and its source.
Monthly inflation
September 2026 print by the BCV; August was 8.9%.
Lending / deposit rate
August 2026, provisional, from the BCV: the lending rate eases from 58.23% in July to 58.05% while the time-deposit rate climbs from 42.13% to 59.82%.
GDP, year over year
Q2 2026, BCV: a rebound from +2.5% in Q1, with oil at +9.1%.
Labor force participation
National Survey of Living Conditions, ENCOVI 2025, from UCAB (published May 2026). Almost level with ENCOVI 2024.
Current account balance (est.)
2025 estimate from the International Monetary Fund (IMF), World Economic Outlook of April 2026: the surplus goes from 4.1% of GDP in 2024 to 2.6%.
International reserves
As of October 8, 2026, per the indicator bcv.org.ve publishes: US$12,703 M at the BCV plus US$3 M in the Macroeconomic Stabilization Fund (FEM). Down US$53 M (0.42%) from US$12,759 M on October 7.
Oil exports
September 2026 per Reuters (vessel tracking); August was 1.19 M bpd (millions of barrels per day). Trading houses are pressing for deeper discounts as freight costs rise. The government reports production of 1.23 M bpd.
Frequently asked questions about the Venezuela dollar rate
What the USDT dollar is, how it differs from the BCV rate, and where the figures come from.
What is the dollar exchange rate in Venezuela today?
Venezuela has no single dollar price: the BCV quote and the USDT/VES rate coexist, the latter formed mainly in person-to-person USDT trades on P2P platforms. Both appear on this page, gap included, and are refreshed every weekday.
What is the USDT dollar?
It is the price of one USDT, a stablecoin that aims to hold the value of the US dollar, when Venezuelans trade it among themselves on the P2P market and pay bolívares by bank transfer. Several P2P platforms host this trade, and the resulting quote works as the de facto reference.
What is the difference between the BCV rate and USDT/VES?
The BCV publishes the official rate. USDT/VES shows the price at which dollars change hands between individuals, outside the formal system.
What is the exchange rate gap and why does it matter?
The gap is the percentage difference between USDT/VES and the BCV quote. When it widens, a dollar costs more outside the BCV channel than inside it; businesses and investors follow it to size their currency risk.
How often is this information updated?
Each working day, automatically, from the same public sources and BCV publication that feed the tepuyventures.com markets ticker. Each update carries its date and time. The BCV series starts in 2000; the USDT/VES series, in 2019.
Who publishes this information?
This page is maintained by Tepuy Ventures, which tracks the exchange rate as part of its daily monitoring. It is provided for information only and is not financial advice.
Tepuy Ventures is an investment and advisory firm focused on Venezuela, with offices in Caracas and Miami. We structure investments in operating assets whose price lags their cash flow. We track the exchange rate and the indicators every business day as an input to our investment thesis.