The Venezuelan foreign exchange market is experiencing an atypical year. Between January and the week ending September 4, 2026, **US$12.531,84 million** was traded in the system, and of that total, nothing less than **US$11.093,15 million** came from the intervention of the Central Bank of Venezuela. Translated: eight out of every ten dollars that move through formal channels bear the issuer’s stamp.
The figure is not a minor detail. Against the **US$7.231 million** offered throughout 2025, the volume placed to date represents a jump of **73,31%**. If the pace is maintained, the end of 2026 will leave an official offer more than double that of last year—something that completely changes the market picture.