The National Bank has set the official exchange rates for May 5: the dollar has risen again

The National Bank of Ukraine reported a 9-kopeck increase in the official dollar exchange rate, while the euro fell by 14 kopecks. According to the regulator’s updated data, the U.S. dollar will be worth exactly 44.00 hryvnia on Tuesday. 

The official information was published on the NBU website.

According to the established figures, the euro exchange rate fell to 51.45 hryvnia compared to the previous banking day. On May 4, the dollar was trading at 43.91 hryvnia, and the euro at 51.59 hryvnia. Fluctuations in the currency market reflect the current economic situation and demand for foreign currency amid Russia’s aggression.

Exchange rate dynamics indicate a gradual strengthening of the U.S. dollar against the national currency in early May. The National Bank continues to monitor the situation, ensuring the stability of the financial system through currency intervention mechanisms and reserve management. Citizens and businesses are advised to take the updated figures into account when planning financial transactions for tomorrow.

The beginning of May was marked by a noticeable strengthening of the hryvnia: on the morning of May 1, the dollar and euro dropped significantly. The largest declines were recorded at Monobank and Oschadbank, where the currency fell by 15–17 kopecks.

As a reminder, the dollar and euro rose slightly on April 30.

The National Bankof Ukraine updated the hryvnia exchange rate against the dollar and the euro as of April 29.

Prior to that, the National Bank had updated the hryvnia exchange rate for April 27.

As a reminder, the morning of April 24 saw mixed trends in Ukraine’s currency market. While the cash dollar is showing a steady rise of 5–10 kopecks, the euro is losing value significantly at most major financial institutions and exchange offices.