The Euro in Ukraine has soared to last year’s peak

Today, June 30, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

$ 1 – 26,09 UAH;
1 Euro 29,78 UAH;
10 Russian rubles – UAH 4,43.

Thus, the dollar, compared to yesterday’s values have increased a penny.

The Euro rose another 37 cents after yesterday’s growth to 27 cents. So high rate of the Euro did not rise since mid-August 2016, when the official value of the currency exceeded UAH 30.

The ruble is “lost” to the penny.

Thursday, June 29, the dollar on the interbank currency market rose by a penny in sales and a penny in buying, the auction ended with quotes of 26.07 – 26,11 UAH/USD. The Euro was trading at the level of 29.72 – 29,76 UAH. Today’s auction has not started yet.

Under the baseline scenario, Ukraine’s first three-year Budget resolution, in 2017, the average annual hryvnia exchange rate is projected at 27.8 million UAH/USD., in 2018 on the $ 29.3 UAH/USD., in 2019 – 30.5 UAH/USD. and in 2020 – 31 UAH/USD.

The experts at the end of the year give different predictions: in the Razumkov Centre promise a course in the area of 27 hryvnia in the second half, and Concorde Capital assume that at the end of this year the dollar will cost 28,5 hryvnia.

  • For 2015 , the hryvnia depreciated by half, and for 2016 devalued by 12.9%, entering the TOP 3 of the weakest currencies of the CIS;
  • According to the “big Mac index”, the dollar in Ukraine has to cost a little more than 8 UAH;
  • The historical maximum the official rate of the dollar – 30.01 UAH/USD. – was made in Feb 2015.