The Euro in Ukraine soars higher

Today, August 3, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 US dollar is 25.9 UAH;
1 Euro of 30.64 UAH;
10 Russian rubles – UAH 4,27.

Thus, the dollar, compared to yesterday’s values, rose by four pennies.

The Euro jumped up by 10 cents – the Euro is dangerously close to the highs: more of 30.6 hryvnia, the Euro was worth only at the end of February-beginning of March 2015, when he was an historical record of the course (31,41 UAH/EUR).

The Russian ruble “lost” for five cents.

Wednesday, 2 August, the dollar on the interbank currency market rose by seven cents in the purchase and sale; the auction ended with quotes of 25.92– a 25.94 UAH/USD. Euro on the interbank market yesterday traded at 30,66 – 30,68 UAH. Today’s auction has not started yet.


  • Why the Euro in Ukraine soared record: the experts described the reasons and given the forecast

As reported, 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.