The Euro and the dollar in Ukraine has fallen in price

Today, August 16, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 25,59;
1 Euro 30,06 UAH;
10 Russian rubles – UAH 4,28.

Thus, the dollar, compared to yesterday’s values, decreased by four cents.

The Euro fell 17 cents and moved away from critical levels. The Russian ruble is “lost” to the penny.

On Tuesday, August 15, the dollar on the interbank currency market fell to five cents in the purchase and four pennies in the sale; the auction ended with quotes 25,57 – 25,59 UAH/USD. Euro on the interbank market traded at 29,93 – 29,95 UAH, dropping to 26-27 cents. Today’s auction has not started yet.

In General, for the last part of summer the official exchange rate of the dollar against the hryvnia has fallen from 26.3 to 25.7 UAH.

SEE ALSO

  • Why is the Euro and what will happen to the dollar in Ukraine

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.

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