The hryvnia hits a new low: the euro tops 51 UAH for the first time in history

The hryvnia hits a new low: the euro tops 51 UAH for the first time in history

Photo: Getty Images

Euro exceeds 51 UAH for the first time as of January 27

The National Bank of Ukraine has set the official euro rate above 51 hryvnias for the first time — at 51.06 UAH as of January 27, according to the regulator’s website.

Exchange rates overview
The official euro rate on January 27 reached 51.0647 UAH, up 41 kopecks from January 23. Since the beginning of the year (January 1 — 49.79 UAH), the euro has risen by 1.27 UAH.

The official dollar rate is 43.1253 UAH, slightly lower by 0.01 UAH compared with the previous day.

Cash market trends
In banks and exchange offices, the euro’s selling rate is 51.42 UAH (down 0.01 UAH since 10:00), while the buying rate is 50.65 UAH (up 0.02 UAH).

Dollar rates have slightly decreased by 0.02–0.03 UAH, ranging between 42.88–43.42 UAH (buy/sell).

Euro strengthening against the dollar
The euro continues to gain against the US dollar on the international market. Between January 16 and 23, the official euro rate rose by 1% — from 1.16 to 1.17 USD.

Meanwhile, the dollar is weakening against other currencies. The Bloomberg spot index tracking the US dollar against the currencies of the ten largest US trading partners fell by 2% during the same period, from 99,393 to 97,312 points.

banner

SHARE NEWS

link

Complain

like0
dislike0

Comments

0

Similar news

Similar news

Photo: Getty Images Ukrainian gas stations have sharply raised fuel prices. The main reason is tension in the global oil market due to the conflict in the Middle East. However, further price spikes

Photo: Getty Images Ukraine receives first $1.5B IMF tranche: funds to cover priority budget spending Ukraine has received the first $1.5 billion tranche of financial assistance from the Interna

Photo: EPA Iranian attacks across the Persian Gulf have dealt a major blow to the region’s critical energy infrastructure. Shipping through the Strait of Hormuz — the strategic chokepoint that carri

Photo: depositphotos Tanker traffic through the Strait of Hormuz has partially stopped, causing sharp increases in oil prices as market participants anticipate potential closures due to the U.S.-Isr

Photo: EPA The coordinated US and Israeli attacks on Iran, along with Tehran’s retaliatory missile strikes across the Persian Gulf, are already forcing oil traders to halt shipments through the Stra

Photo: Getty Images Ukraine’s economy is entering the fifth year of the full-scale war amid a deep energy crisis and declining industrial output. At the same time, preserving the country’s industr

Photo: Getty Images Slovakia’s Economy Ministry says it relied on information from the Ukrainian side when stating that oil transit through the Druzhba pipeline could resume by February 26. However,

Photo: Getty Images Gold prices rise to $5,230 amid tariffs and iran tensions Gold climbed for a fourth consecutive day, reaching around $5,230, driven by new 15% tariffs from U.S. President Donal