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USD to UAH 2026 Forecasts

Analysis of recent dollar → hryvnia forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to Ukrainian hryvnia performance and trends.

 

Bias: The outlook for USD/UAH is bullish-to-range-bound, as it is currently above the 90-day average and in the upper half of the three-month range.

Key drivers:

  • Rate gap: The Federal Reserve is expected to make rate cuts in 2026, which could weaken the USD, while the National Bank of Ukraine holds a high key policy rate to control inflation.
  • Risk/commodities: Recent oil price volatility is keeping the USD firm, while also impacting the Ukrainian economy and currency dynamics.
  • Economic growth projections: The International Center for Ukrainian Studies forecasts modest GDP growth for Ukraine in 2026, which may lend support to the UAH.

Range: The USD/UAH pair is likely to drift within its recent range as the market evaluates upcoming economic indicators and geopolitical developments.

What could change it:

  • Upside risk: Strong US labor market data could boost USD demand further.
  • Downside risk: If the NBU adopts a more aggressive monetary policy or if geopolitical tensions escalate, the UAH could strengthen against the USD.

USD-UAH Rate Calculator

 
   
   
   
   
 
   
 
 

USD to UAH Market Data

US dollar (USD) to Ukrainian hryvnia (UAH) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy UAH
1 USD =
43.42We compare provider deals to this wholesale mid-market rate. Read more
UAH
1d0.0%⬦
90dHighs◓
USD to UAH is at 90-day highs near 43.42, 2.6% above its 3-month average of 42.3, having traded in a quite stable 4.2% range from 41.67 to 43.42
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  1 UAH = 0.023032 USD

Compare & Save - US dollar to Ukrainian hryvnia

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Ukrainian hryvnia (UAH) rates from different sources before making a conversion.

Use our USD to UAH calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Hryvnia currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Ukrainian hryvnia?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs Ukrainian hryvnia current value is to look the USD/UAH historic rate and change over a range of periods.

The following table looks at the change in the USD to UAH exchange rate over periods from the previous week back to the last 10 years.

DateUSD/UAHChangePeriod
07 Jul 2023
36.94
0.5% ▼2 Week
22 Apr 2023
36.91
0.4% ▼3 Month
21 Jul 2022
29.52
24.5% ▲1 Year
22 Jul 2018
26.26
40% ▲5 Year
23 Jul 2013
8.1298
352.2% ▲10 Year
26 Jul 2003
5.3350
589% ▲20 Year
USD/UAH historic rates & change to 21-Jul-2023

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/UAH to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more