This week, the situation in Ukraine’s currency market has been marked by significant activity, which has affected the hryvnia’s position against major foreign currencies. At the beginning of the week, increased demand for the dollar led to a rise in its exchange rate, but later unexpected changes were demonstrated by the European currency.
This is reported by Finway
Assessment of Dollar and Euro Exchange Rates on October 19
According to analyst Oleksiy Kozyrev, on Sunday, October 19, the exchange rate for the dollar at exchange points and bank counters is expected to be at 41.40–41.65 UAH for buying and 41.75–42 UAH for selling. As for the euro, its rate will fluctuate within 48.50–48.85 UAH for buying and 48.90–49.10 UAH for selling.
Euro — The Main Target for Speculation
The analyst emphasizes that on this day, the euro will become the primary currency for speculation in the market. The difference between the buying and selling prices of the euro in various exchange networks will create opportunities for additional earnings for those who closely monitor the changes in quotes. At the same time, the spread for the dollar will typically be 15–25 kopecks, while for the euro it may be widened to 20–30 kopecks, and in some networks — even up to 40–70 kopecks.
“Exchangers will set the spread for the dollar within 15-25 kopecks, while for the euro they will prefer to widen it a bit more — to 20-30 kopecks, and some exchange networks may even go up to 40-70 kopecks for the euro,” the expert concluded.