The national currency market of Ukraine is demonstrating steady growth of leading foreign currencies. On Friday, April 17, the exchange rates of the euro, US dollar, and Polish zloty have risen again, as confirmed by the official data from the National Bank of Ukraine.
This is reported by Finway
Euro Exchange Rate Sets New Record
As of April 17, the official euro exchange rate reached 51.42 UAH, which is 15 kopecks higher than the previous banking day. The European currency has updated its historical maximum for the second time this week, and over the last five working days, it has appreciated by 52 kopecks. This dynamic indicates an increase in demand for the euro against the backdrop of changes in international markets.
Dollar and Zloty: Growth Trends
The official exchange rate of the US dollar is set at 43.63 UAH, which is 12 kopecks more than the day before. Over the week, the American currency has appreciated by 18 kopecks, gradually recovering its positions after a previous period of decline.
The Polish zloty is also showing growth, although with minor fluctuations. As of April 17, the official exchange rate is 12.12 UAH, which is 4 kopecks less than the previous day.
Forecast for Currency Dynamics Next Week
According to banker Taras Lesovyi, from April 20 to April 26, the currency market of Ukraine will remain stable without sharp fluctuations. The policy of the National Bank, which implements a regime of so-called “managed flexibility,” will continue to play a key role in shaping the exchange rate. As a result, the cash market will orient itself towards the interbank market, and discrepancies in rates will not cause panic among the population.
“In fact, the cash market will adjust to the interbank, and the difference between them will not be a cause for additional concern. The value of currencies in the cash market will be comparable to non-cash rates, and the changes are unlikely to be chaotic,” the banker explained.
The expert emphasized that the dollar exchange rate in Ukraine is most influenced by internal factors and the actions of the regulator, while the euro primarily reacts to international events. Among external factors, the situation in the Middle East and changes in the energy market have a significant impact. Rising oil prices could increase inflation and weaken the European currency, while stability in energy prices would contribute to its strengthening.
If the current situation persists, the euro/dollar ratio in global markets is expected to be within 1.16–1.17, which will also affect the currency value in Ukraine. It is forecasted that next week the dollar will hold at a level of 43.5–44.25 UAH, while the euro will be within 49.5–52 UAH.
According to the banker’s estimates, in the second quarter of 2026, the hryvnia may lose 3.2–4% in value due to inflation and the state of international reserves.
