Dollar and Euro Exchange Rates on the Cash Market in Ukraine on October 11: Expert Predictions

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Dollar and Euro Exchange Rates on the Cash Market in Ukraine on October 11: Expert Predictions

Today, October 11, the cash exchange rate of the dollar in Ukraine remains stable. According to analyst Oleksiy Kozyrev, most exchange offices and banks operating today are buying dollars at 41.20–41.50 hryvnias and selling them at 41.65–41.90 hryvnias.

This is reported by Finway

Euro Exchange Rate Dynamics

The euro, according to the expert, is also showing relative stability. Exchange office owners are accepting euros at 47.90–48.35 hryvnias and selling them within the range of 48.40–48.80 hryvnias. Thus, the currency market remains predictable for citizens and businesses.

Exchange Office Strategy and Spread

Oleksiy Kozyrev emphasized that today exchange offices will primarily operate in a “turnover” format, avoiding sharp fluctuations in the exchange rate. The average spread between buying and selling currency in most exchange offices is maintained within 15–25 kopecks for both the dollar and the euro.

“The spread between buying and selling for both the dollar and the euro in most exchange offices will remain within 15-25 kopecks,” Kozyrev believes.

Exchange offices do not plan to take actions that could significantly impact the exchange rate, so no significant changes in the market are expected.