The Euro exchange rate in Ukraine soared by 32 penny

Today, September 11, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 US dollar UAH of 26.07;
1 Euro from 31.44 UAH;
10 Russian rubles – UAH 4,57.

Thus, the dollar exchange rate, compared with values Friday, 8 September, rose another seven cents. Last week the exchange rate rose by 26 cents. Experts believe that the country starts a seasonal round of devaluation.

The Euro jumped by 32 kopecks. More expensive the Euro was worth only during the peak of devaluation of the hryvnia in February 2015. As you know, the current appreciation of the Euro in Ukraine in the first place, due to the appreciation of European currency against the dollar.

The Russian ruble is “recovered” by two cents.

On Friday, September 8, the dollar on the interbank currency market rose by a penny in the purchase and sale; the auction ended at 26, 05 quotations – to 26.08 UAH/USD. Euro on the interbank market traded at 31,37 – 31,4 UAH, up to 14 – 15 cents. Today’s auction has not started yet.

SEE ALSO

  • Attitude to the devaluation with the dollar in September

Recall that 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 – 34,04 UAH.

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