On 26 October, the US dollar reached a new all-time high against the hryvnia. The National Bank of Ukraine set the official exchange rate at 45.2021 UAH per dollar, which is 15.11 kopecks higher than on the previous banking day. At the same time, Ukrainian banks are selling the US dollar at 45.70–45.90 UAH at their counters, whilst some card exchange rates have already exceeded the psychological threshold of 46 UAH. This is according to data from the NBU and the «Minfin» financial portal.
- On 26 October, the official dollar exchange rate reached a new all-time high of 45.2021 UAH.
- Over the course of a single banking day, the US dollar rose by 15.11 kopecks.
- PrivatBank is selling US dollars in cash at 45.75 UAH, whilst PUMB is selling them at 45.90 UAH.
- The card selling rate at Sense Bank is 45.99 UAH, and at Raiffeisen Bank it is 46.11 UAH.
- On average, the dollar is selling for 45.80 UAH at Ukrainian bureaux de change.
The official dollar exchange rate has hit a new all-time high
The National Bank of Ukraine has set the rate for Monday, 26 October, the official exchange rate for the US dollar is 45.2021 UAH per dollar. Compared with the previous banking day, it rose by 15.11 kopecks, or approximately 0.34%.
The previous all-time high was recorded on 14 October, when the official exchange rate stood at 45.0802 UAH. The new figure has therefore exceeded the previous record by more than 12 kopecks.
Since the start of 2026, the dollar has also strengthened significantly against the hryvnia. In early January official exchange rate stood at 42.3532 UAH. Over just under ten months, the US dollar has risen in value by approximately 2.85 UAH, or 6.7%.
However, the NBU’s official exchange rate does not mean that Ukrainians can buy dollars at the same price at bank counters. Commercial banks and currency exchange bureaux set their own buying and selling rates for foreign currency.
The dollar exchange rate at PrivatBank, Oschadbank, PUMB and Sense Bank
According to the «Minfin» portal, on 26 October, banks continued to raise their cash dollar selling rates. As at approximately 11.40, the largest financial institutions were offering the following rates:
| Bank | Sale of US dollars |
|---|---|
| PrivatBank | 45.75 UAH |
| Oschadbank | 45.70 UAH |
| FUIB | 45.90 UAH |
| Sense Bank | 45.80 UAH |
| Raiffeisen Bank | 45.75 UAH |
At some other banks, the selling rate for cash foreign currency had already reached 46 UAH. In particular, this rate was set by Pivdenny Bank and Akordbank.
The situation is similar in the non-bank currency exchange market. According to the Ministry of Finance, as at 13:00 The average buying rate for the dollar was 45.52 UAH, and the selling rate was 45.80 UAH.
Exchange rates may fluctuate throughout the day, so the actual currency price depends on the bank, the branch and the time of the transaction.
The dollar’s exchange rate on the black market has already exceeded 46 hryvnias
Even higher rates are seen for certain card transactions. In particular, on 26 October, Sense Bank set the selling rate for the US dollar for card transactions at 45.99 UAH, whilst Raiffeisen Bank set it at 46.11 UAH.
The difference between cash and card exchange rates depends on the rules of the specific bank, the type of transaction and any additional fees that may apply.
It is important to bear in mind that exchange rates displayed on cards do not always mean that you can purchase the currency directly at the stated price. They may be applied during currency conversion when paying for purchases or carrying out other transactions.
For Ukrainians who pay for goods from foreign online shops or for overseas services in US dollars, the actual exchange rate at the time of payment may differ from the official rate set by the NBU.
What is happening to the exchange rate on the interbank market?
The US currency is also rising in value on the interbank market.
According to the Ministry of Finance, on 26 October at approximately 13:45, the dollar was trading on the interbank market within the range of 45.51–45.55 UAH. Compared with the close of the previous trading day, the exchange rate rose by approximately 13 kopecks.
On the interbank market, financial institutions buy and sell foreign currency, and its quoted rates serve as one of the key benchmarks for setting bank exchange rates.
Despite the official exchange rate reaching a new all-time high, the 46 hryvnia per dollar mark has so far only been exceeded by certain commercial quotes. The NBU’s official exchange rate remains below this level.
