Ukraine's Currency Rates Fluctuate: Dollar and Euro Exchange Rates

In Ukraine, the dollar and euro exchange rates have been fluctuating throughout October 2023. On October 19, the dollar could be bought for 45.15 UAH and sold for 45.00 UAH, while the euro could be bought for 51.00 UAH and sold for 50.70 UAH. The National Bank of Ukraine (NBU) set the official dollar rate at 44.86 UAH and the euro at 50.50 UAH. PrivatBank bought the dollar for 44.55 UAH and sold it for 45.15 UAH, and the euro for 49.80 UAH and sold it for 50.80 UAH. On October 20, the NBU increased the official exchange rates for the dollar and euro. The dollar rate rose to 45.00 UAH, and the euro rate was 50.53 UAH. Experts analyzed the currency market, and the dollar and euro exchange rates changed on October 20 and 21. The budget for 2026 plans an average annual exchange rate of 45.7 UAH to the dollar, but economist Oleg Pendzin believes the NBU will not allow the hryvnia to fall to such a level.