The Banco Central de Venezuela announced on September 1, 2026, that the official exchange rate for the US dollar is 798.32 Bolivars. ^[1] The Colombian Institute of Hydrology, Meteorology and Environmental Studies (Ideam) forecasted an increase in cloud cover and moderate to strong rains in the Magdalena and other Caribbean departments during the next six hours. ^[2] The Banco Central de Venezuela stated that the official dollar price is established as a weighted average of other financial market quotations. ^[3] A new storm is approaching the city of Santa Marta, according to a report published by the specialized climate portal iClima. ^[4] Ideam predicts moderate to strong rains in La Guajira, Magdalena, Cesar, Bolivar, Sucre, and Cordoba over the next six hours. ^[5] The forecast warns of precipitation in wide areas of the Caribbean, with rain and thunderstorms expected in Magdalena and other regions in the coming hours. ^[6] The central bank explained that the goal of the weighted average calculation is to find a more precise equivalence for the Bolivarian market. ^[7] The official dollar BCV rate is used to facilitate economic flows and payments between the United States and Venezuela. ^[8]