The Banco Central de Venezuela (BCV) reported an official exchange rate of 63.49 bolívares per dollar on February 26, 2025. Nicolás Maduro's third term began on January 10, heightening uncertainty about the dollar's value. In the parallel market, the dollar exceeded 4 million bolívares, with platforms like DolarToday and Monitor Dólar providing updates. Maduro's inauguration was scheduled for 12:00 PM local time, and the recent elections featured several candidates from various parties.