DolarToday published the value of the dollar in Venezuela in the yearE.g. 38.67for today, Thursday, February 29, 2024, according to the latest update on its website. On his partDollar MonitorSet the dollar average toE.g. 38.61. The price of the parallel dollar is measured by several factors: supply and demand, the daily value of the dollar issuedCentral Bank of Venezuela (BCV)and thatNational Statistics Institute of Venezuela (INE)and the economic situation of the country, which is suffering from several US sanctions against the regimeNicolas Maduro.
On the other hand, according to the Central Bank of Venezuela (BCV), the official dollar rate is at36.06 bolivarsdigital, which has a clear difference from the values found on the unofficial market. This contrast between official and parallel market prices highlights the complexity of the Venezuelan economy.
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DolarToday today, Thursday, February 29: Price of the dollar
The portaldollars todaySet a priceE.g. 38.67per dollar today, February 29th. As they point out, this is determined based on “the average value of private establishments in the city of Caracas,” while the value of Cúcuta is determined based on the supply/demand of bolívares in that city.
Find out the price of the dollar in Venezuela, according to Dolartoday for today, February 29, 2024. Photo: dolartoday.com
Dollar monitor for today, Thursday, February 29, 2024
Dollar Monitorreflects an average ofE.g. 39.00for every dollar, according to the latest update.
Watch the dollar today, February 29: Price of the dollar in Venezuela. Photo: monitordolarvenezuela.com
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What is the price of the BCV dollar TODAY, Thursday, February 29, 2024?
HeBCV dollarswas listed in36.13 bolivars. The rate represents a weighted average derived from the daily operations of the active trading departments of the participating banking institutions. In this way, the US currency managed to maintain its price for the second day in a row after months of strong fluctuations. As mentioned, it closed 2023 with a 105% increase compared to the previous year, according to theCentral Bank of Venezuela.
BCV dollar price TODAY, February 29, 2024. Photo: Twitter / @BCV_ORG_VE
DolarToday and Monitor Dólar: thermometer of the foreign exchange market
dollars todayAndDollar MonitorThese are two platforms that have become increasingly important in an economic contextVenezuela. DolarToday, a Venezuelan-American media company, provides financial and political information with a focus on the price of the dollar in the parallel market.
On his partDollar Monitoris dedicated to publishing the daily average of thedollars in the informal marketand becomes a reference for those who want to understand market fluctuations.
As the country navigates these economic challenges, the dollar remains an important indicator of the country's financial health.Venezuela.