Ukrainian hryvnia (UAH) market outlook and exchange rates

UAH Market Update

30 Jul 2026 • 00:37 GMT

UAH/USD 0.022309

The Ukrainian hryvnia has seen a slight decline against the US dollar, with recent trading near 0.022309 USD, about 0.7% below its three-month average of 0.02247. Despite some downward pressure, the currency has remained within a very stable trading range, moving between 0.022183 and 0.022826 USD.

The Ukrainian National Bank is actively managing the situation, aiming to stabilise the hryvnia amid ongoing geopolitical uncertainties and increased demand for foreign currency. While the hryvnia reached an all-time low of around 44.25 UAH/USD in March, recent policy steps are helping to prevent sharper declines.

Expert forecasts suggest that the hryvnia may weaken gradually over the coming months, with some analysts expecting it to reach around 45 UAH/USD. Meanwhile, the US dollar remains supported by global geopolitical tensions and energy market fluctuations, but its recent stability indicates that large swings are currently limited.

In summary, the hryvnia’s value remains relatively steady against the dollar, with the NBU continuing to intervene as needed to maintain orderly markets. Keep an eye on geopolitical developments and energy prices, as these factors could influence future currency moves.