Exchange rates as of April 16: The dollar and the euro are rising sharply
On Thursday, April 16, Ukraine’s currency market came under significant pressure, triggering another wave of hryvnia devaluation.
Leading state-owned and commercial financial institutions simultaneously adjusted their exchange rates, bringing the value of the U.S. dollar closer to new psychological thresholds.
PrivatBank demonstrated one of the most significant jumps today, raising the dollar exchange rate by 15 kopecks at once. Now, at teller windows and for card transactions, the currency costs 43.85 UAH, which brought the bank’s rates in line with Monobank’s.
The state-owned Oschadbank did not stand aside either, also updating its exchange rate upward.
In the mobile app, the dollar rose to 43.80 UAH, while for non-cash card transactions, the rate actually reached 43.95 UAH.
The European currency is currently rising in value at the fastest pace, demonstrating high volatility. At bank teller windows, the average euro selling rate jumped by 15 kopecks, reaching 51.60 UAH per unit.
Exchange offices are also seeing increased activity this morning: the average buying rate for the dollar rose to 43.65 UAH, and for the euro—to 51.45 UAH.
Citizens who decide to sell currency today will receive an average of 5–7 kopecks more than the previous day.
The share of the U.S. dollar in global currency and gold reserves has fallen to approximately 46%, the lowest level in the past 26 years.
In Ukraine, the dollar has risen in value at currency exchange offices
