The Euro in Ukraine went into a nosedive

Today, August 10, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 25,72;
1 Euro – 30,17 UAH;
10 Russian rubles – UAH 4,28.

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

The Euro fell by 23 kopecks. This is the second sharp drop over the course of a week – on Tuesday, the Euro lost 26 cents.

The Russian ruble is “lost” to the penny.

Tuesday, August 8, the dollar on the interbank currency market has not changed in purchase and sale; the auction ended with quotes of 25.7 – 25,72 UAH/USD. Euro on the interbank market were traded at the level of 30.1 – 30,12 UAH, a decrease of 24-25 cents. 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. – was made in Feb 2015. The historical maximum of the Euro – 31,41 UAH.