Venezuela’s Central Bank Sets Official Exchange Rate at 231.0462 Bolívares Per Dollar

CARACAS, Venezuela – The Central Bank of Venezuela (BCV) announced its official exchange rate for November 10, 2025, setting it at 231.0462 bolívares per U.S. dollar. This marks an increase of 2.5666 bolívares, or 1.1233%, compared to the previous trading day.

The BCV rate, a crucial benchmark for Venezuela’s economy, is determined by a weighted average of daily transactions conducted by the foreign exchange desks of participating financial institutions. This official rate provides a vital reference point for market operations, price setting, and economic planning across the nation, directly impacting businesses and the daily purchasing power of Venezuelan households.

Understanding the Bolivar’s Evolution

The latest figures highlight a significant depreciation of the bolívar over the past year. The accumulated annual variation in the exchange rate stands at an alarming +179.1117 bolívares (+344.88%). Looking back to November 8, 2024, the increase is even more stark, with the bolívar losing +186.8601 bolívares (+422.8934%) against the dollar.

For context, the accumulated annual variation on the same day last year was considerably lower, at +22.9766%. These figures underscore the accelerating inflationary pressures and the ongoing challenges to economic stability in Venezuela.

The official exchange rate for November 10, 2025, serves as the operational reference for all financial transactions and valuations on this date.

Key Comparative Exchange Rates

In addition to the U.S. dollar, the BCV also published reference rates for other major currencies against the bolívar:

	EUR	267,63929715
	CNY	32,45030898
	TRY	5,47371837
	RUB	2,85288009

Banking System Rates (Bs/USD)

Commercial banks also report their own buy and sell rates, which contribute to the BCV’s weighted average. Here are some of the reported rates from November 7, 2025:

For individuals and businesses operating in Venezuela, closely monitoring these daily updates from the BCV is essential for informed financial decisions and navigating the country’s dynamic economic landscape.