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Venezuela has several references for the dollar rate: the official rate from the Banco Central de Venezuela (BCV), used for invoicing and taxes, and the parallel rate, today set in practice by the P2P USDT market on Binance. This page shows both rates live, the exchange rate spread between them, and the full day-by-day historical series since 2019, updated automatically every day.
Historical
The bolívar against the dollar, day by day since 2019: the Banco Central de Venezuela official rate and the USDT/VES rate, with the spread between them.
View the full day-by-day series, 2019-2026 →Frequently asked questions
Venezuela does not have a single dollar rate: the official rate published by the Banco Central de Venezuela (BCV) and the parallel rate, today referenced mainly through Binance's USDT P2P market, coexist. Both rates, along with the spread between them, are shown live above and updated daily.
The "Binance dollar rate" is the price at which Venezuelans buy and sell USDT, a stablecoin pegged 1:1 to the US dollar, among themselves on Binance's P2P market, paying in bolívares by bank transfer. Binance is one of the most widely used P2P platforms in Venezuela for this, and its rate functions as the de facto reference for the parallel dollar.
The BCV rate is the official, legal reference used for invoicing, contracts, and taxes such as ISLR. The parallel rate, today referenced mostly via USDT/Binance P2P, reflects the price at which dollars actually trade outside the official system, and is the rate most Venezuelans use for everyday transactions and remittances.
The exchange rate spread is the percentage difference between the parallel rate and the official BCV rate. A wide spread signals greater distortion and dollar scarcity in the official market; it is closely watched by businesses, retailers, and investors to set prices and assess currency risk.
Exchange rate data is updated automatically every day, sourced from ve.dolarapi.com, the same source used by tepuyventures.com's own live markets ticker. The full day-by-day historical series is available going back to 2019.
This page is maintained by Tepuy Ventures, an investment firm with an active presence in Venezuela that tracks the exchange rate as part of its market monitoring. The information is for informational purposes only and does not constitute financial advice.
Tepuy Ventures is an investment firm with a Venezuelan entity that identifies distressed assets and private equity opportunities in Venezuela, positioned ahead of pricing normalization. We track the exchange rate and key macroeconomic indicators daily because they are the foundation of any serious investment thesis on the country.