BCV Exchange Rate February 23, 2026: USD to VES & Currency Updates

Venezuela’s Central Bank (BCV) reported a slight increase in the official exchange rate on February 23, 2026, setting it at 405.3518 Bolivars (Bs) per US dollar. This represents an increase of 3.0175 Bs (+0.75%) compared to the previous day’s rate. The BCV determines this rate based on the weighted average of daily transactions conducted by participating banking institutions.

Understanding the Significance

The BCV’s publication of the exchange rate aims to provide an official reference point for Venezuela’s currency market. Monitoring these daily updates is crucial for understanding the evolution of the official exchange rate.

Did You Know? The annual accumulated variation of the exchange rate as of February 23, 2026, is +107.2087 Bolivars, representing a +35.9588% change over the previous year.

Recent Exchange Rate Trends

Compared to February 24, 2025, the exchange rate has increased by 341.9379 Bolivars (+539.216%). The annual accumulated variation on February 23, 2025, was +22.1036%.

Comparative Rates with Other Currencies

As of February 23, 2026, the BCV rate also translates to approximately 476.70587735 Bs per Euro, 58.67860451 Bs per Chinese Yuan, 9.2462055 Bs per Turkish Lira, and 5.27527069 Bs per Russian Ruble.

Expert Insight: The consistent publication of an official exchange rate, even with fluctuations, provides a degree of transparency to the Venezuelan financial system. This can influence business planning and investment decisions, though the substantial year-over-year increase suggests ongoing economic pressures.

Bank-Specific Rates

On February 20, 2026, various Venezuelan banks offered differing rates for buying and selling US dollars. BBVA Provincial offered a purchase rate of 438.5496 Bs and a sale rate of 498.3161 Bs. Banesco’s rates were 439.2699 Bs for purchase and 456.1462 Bs for sale. Banco Nacional de Crédito BNC offered 417.3635 Bs for purchase and 434.5419 Bs for sale. Banco Mercantil’s rates were 458.7974 Bs for purchase and 498.5353 Bs for sale. R4 offered 566.5909 Bs for purchase and 520.8389 Bs for sale, while other institutions offered 417.4658 Bs for purchase and 424.8063 Bs for sale.

Frequently Asked Questions

What is the significance of the BCV exchange rate?

The BCV exchange rate serves as an official reference for financial operations, price setting, and economic planning in Venezuela.

How has the exchange rate changed recently?

On February 23, 2026, the BCV exchange rate increased to 405.3518 Bs/USD, a 0.75% increase from the previous day.

What other currencies are compared to the Bolivar?

The BCV also provides comparative rates for the Euro, Chinese Yuan, Turkish Lira, and Russian Ruble, as of February 23, 2026.

How might these continued fluctuations in the exchange rate impact the average Venezuelan citizen?