The Euro in Ukraine soared above 30 UAH

Today, July 24, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 25,88;
1 Euro – 30,14 UAH;
10 Russian rubles – UAH 4,39.

Thus, the dollar exchange rate, compared with values Friday, July 21, dropped by two cents. The last time the rate fell below $ 25,9 UAH/USD. six months ago – 12 December 2016.

The Euro jumped to 37 cents and exceeded UAH 30 for the first time since September 12, 2016.

The ruble is “recovered” by two cents.

On Friday, July 21, the dollar on the interbank currency market fell by a penny on buying and selling, the auction ended with quotes around 25.87 – 25,88 UAH/USD. Euro on the interbank market yesterday was traded at the level of 30.11 – 30,13 UAH. Today’s auction has not started yet.

  • See also: Euro gone wild: the causes and prognosis

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 halffor 2016 devalued by 12.9%, and for the first half of 2017 strengthened against the dollar by 4%;
  • 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.