# In Venezuela a stablecoin dollar costs 16.0% more than the official rate

Prices from the 02:00 UTC hour, 2 Nov.

The official rate is 889.58 VES per dollar. On the exchanges where people in Venezuela trade stablecoins, one costs 1,032 VES. A stablecoin is a coin that stays worth one US dollar.

|  |  |
| --- | --- |
| Official rate | 889.58 VES |
| A stablecoin on an exchange | 1,032 VES +16.0% |
| A stablecoin from people selling to each other | 1,001 VES +12.5% |
| Cash at a money changer | 993.34 VES +11.7% |

For US$100, people pay 103,195 VES. The official rate says 88,958 VES.

Today cash from a money changer is cheaper than a stablecoin here. The stablecoin costs 3.9% more.

Only 1 source

Prices from the 02:00 UTC hour, 2 Nov

You could buy at least US$5,000 here before the price goes up 1%.

<https://margin.wiki/data/countries/VES.json>

## How the gap moved, day by day

One point per day, the price we published that day. 0% is the official rate.

Today's gap is normal for here since 2 Sep 2026, in our own checks. On most days the gap is between 14.5% and 18.6%.

From 6 Oct this price comes from a broker instead of people selling to each other, so it can jump that day.

## Where this price comes from

We take a country's price from exchanges first, then brokers, then people selling to each other on Binance and OKX. Here it comes from a broker.

CriptoYa · Saldo

1,032 VES +16.0%

## Where to go next

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