(KYIV, UKRAINE) – The National Bank of Ukraine has set the official exchange rates for Monday, 27 July, showing small declines for both the US dollar and the euro against the Ukrainian hryvnia.
The official rate for one US dollar will stand at 44.80 hryvnias. This compares with 44.81 hryvnias on 24 July, a drop of 1 kopiyka. One euro will be set at 50.96 hryvnias, down from 51.05 hryvnias on 24 July, a fall of 9 kopiykas.
The figures were published on the central bank’s website and reported by The Daily Handle.
The hryvnia has faced sustained pressure since the full scale invasion began, with the central bank managing the exchange rate through a regime of managed flexibility. The small adjustments in Monday’s official rates reflect ongoing fine tuning rather than a sharp market shift.
The National Bank of Ukraine also reported separately that the amount of cash in circulation in the country grew by 4.8 percent during the first half of the year. That increase points to rising demand for physical currency as households and businesses navigate the wartime economy.
Looking further ahead, the government’s draft state budget for 2026 includes an estimated average annual exchange rate of 45.6 hryvnias to the US dollar. That projection suggests policymakers expect a gradual weakening of the currency over the medium term, driven by trade imbalances, reconstruction spending and the broader costs of the war.
The rates announced by the central bank are official reference values used for accounting, customs and other state transactions. Commercial banks and exchange points set their own buying and selling rates, which often differ from the official figures depending on market conditions.