The National Bank updated the exchange rate: how much the dollar and euro will cost on July 27

Official exchange rate

Based on the results of trading on the interbank foreign exchange market, the National Bank established the following official exchange rates for July 27:

• - US dollar — UAH 44.8086 (against UAH 44.8110 of the previous banking day);

• - - euro — 50.9653 hryvnias (versus UAH 51.0577).

Thus, hryvnia symbolically strengthened against the dollar and added nine kopecks to the euro, which was the most noticeable change among major currencies.

What is the exchange rate in banks

Despite the almost unchanged official exchange rate, in commercial banks the dollar is already being sold more expensively than 45 hryvnias. The average selling rate of American currency is UAH 45.0265 per dollar, which indicates the maintenance of high demand for currency among the population and businesses.

The difference between the official rate of the NBU and bank quotations remains usual for the market in the conditions of the regime of managed flexibility.

How the course changed this year

In June, the hryvnia set two historical anti-records at once. June 11 the official exchange rate of the dollar reached UAH 44.9790, which became the highest indicator in the entire history. And already June 16 The euro renewed its own high, rising to UAH 52.0378.

After that, the foreign exchange market gradually stabilized, and official exchange rates remain relatively stable thanks to the active presence of the National Bank in the interbank market.

How do they see the course in the coming years

In accordance with Budget declaration for 2027-2029, even under the scenario of the end of the war in 2027, a gradual weakening of the hryvnia is expected. At the end of 2027, the forecast exchange rate of the dollar is UAH 48.3, and by the end of 2029 — 51.5 UAH per dollar.

For calculations of the state budget for 2026, it is laid the average exchange rate is UAH 45.7 per dollar.

What the foreign exchange market expects in August

Experts predict that in August the key factors influencing the foreign exchange market may become growing demand for currency from importers, a possible increase in fuel prices, the security situation and the psychological mood of the population.

At the same time, the basic scenario assumes relative stability. It is expected that the dollar will be in the range of UAH 44.5–45.5, whereas euro may fluctuate between 51 and 52.5 hryvnias.

How the NBU regulates the currency market

Since October 2023, the National Bank has been operating in the mode managed exchange rate flexibility. This means that the official exchange rate is formed on the basis of the situation in the interbank market, but the regulator continues to carry out currency interventions to smooth out sharp fluctuations and maintain the stability of the financial system.