The dollar exchange rate in Ukraine fell to the lowest in a month

The national Bank calculated the value of the Ukrainian currency against the dollar and Euro

On Thursday, April 30, the national Bank of Ukraine (NBU) has calculated the official rate of hryvnia against major foreign currencies:

USD 1 – UAH 26 and 97;
1 Euro 29,24 UAH;
10 Russian rubles – 3,66 UAH.

Thus, compared to yesterday’s values the dollar fell another 13 cents after a decline of five cents in the previous banking day. The “green” fell below the psychological mark of 27 hryvnia, which occurred on March 17, that is, more than a month. For a week – from 23 to 30 April, the national currency strengthened against the U.S. for eight cents.

The Euro today fell 19 cents, after falling a penny in the previous banking day. The value of 10 Russian rubles rose by a penny.

See also:
Remittances in a new way: the NBU responded to the main questions

As you know, the official dollar exchange rate is calculated on the basis of performance on the interbank market, but with some lag. Wednesday, April 30, the dollar fell in price by eight cents in buying and selling. The American currency closed at the level 27,93/of 27.96 UAH (buy/sell). The Euro fell by two pennies to buy and three to sell. To close, the Euro was traded at the level of 29.26/29,28 UAH (buy/sell). Today’s auction has not started yet.

In the trend
The dollar exchange rate in Ukraine fell below the psychological mark of

Earlier, the expert explained to the website “Today” that now affects the dollar rate in Ukraine, and also announced the forecast for the near future. But how will the national Bank turn on the printing press to fill the coffers, learn from the video:

Video: Naprogesic dollar

Initially, the budget 2020 calculations were made on the basis of the dollar at the end of 2020 at the level of 27.5 UAH/USD., however, the dollar rate in the budget in 2020 changed by 29.5 UAH/USD. In the Ministry of Finance, the NBU has repeatedly assured: “budget” rate is not a forecast, so it should be seen solely as a technical indicator.

In the latest IMF forecast indicated that by the end of 2020, the dollar in Ukraine will be 27,72 UAH/USD. In 2021, the hryvnia, according to IMF estimates, will fall to 28,70 UAH/USD. In 2022, the course is 29,67 UAH/USD., 2023 – of 30.64 UAH/USD. And by 2024-mu the course will be at the end of the year 31,61 UAH/USD. However, this projection may soon be revised due to the fact that in the world the economic crisistriggered by the pandemic coronavirus.

  • The historical maximum the official rate of the dollar – 30.01 UAH – was made in Feb 2015. Record the official Euro exchange rate in Ukraine – UAH 35,66 – a 26 January 2018.
  • For 2015, the hryvnia depreciated by half, for 2016 – has depreciated by 12.9%, and in 2017 the rate of the national currency has weakened by only 3%. In 2018, the hryvnia has strengthened by 1.4% and in 2019 – already at 14.5%.
  • According to “the big Mac Index“, the dollar in Ukraine “should” cost 10.05 UAH, however, experts urge not to take this index seriously, because it does not reflect the full economic picture.

All the details in a special topic, the dollar in Ukraine

Comments

comments