November 11, 2026, will go down in currency traders’ spreadsheets: the official dollar rate set by the Central Bank of Venezuela (BCV) closed at 901.62 bolívars per dollar, a new nominal high. The figure sounds like a record, but what really matters to anyone moving money in Venezuela is not the round number—it’s how quickly it got there. And for now, that pace has the brakes on.
📊 900 bolívars: a nominal milestone, but a different pace
So far in 2026, the official exchange rate has risen by 202.41%. Compared with the same period in 2025, when it climbed by 344.98%, the difference is enormous. In everyday terms: devaluation is still happening, but it is no longer moving at the same pace.