The Euro fell below the psychological mark

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

1 USD – UAH 25,57;
1 Euro – 29,94 UAH;
10 Russian rubles – UAH 4,28.

Thus, the dollar, compared to yesterday’s values fell by two pennies.

The Euro fell by 12 cents and fell below the psychological mark of UAH 30 for the first time in a month.

The Russian rouble practically has not changed.

Wednesday, August 16, the dollar on the interbank currency market fell by a penny in the purchase and four pennies in the sale; the auction ended with quotes 25,56 – 25, and 58 UAH/USD. Euro on the interbank market were traded at the level of 29.98 – 29,91 UAH, down 42 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.


  • 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.