Ukrainian Hryvnia Hits Record Low Against the Dollar
The official exchange rate of the U.S. dollar in Ukraine has reached a historic milestone, surpassing the 45 hryvnias per dollar mark for the first time. On October 6, the National Bank of Ukraine (NBU) set the rate at 45.0564 hryvnias per dollar, marking a significant shift in the country's currency valuation.
This development comes after earlier indications that the dollar was approaching this threshold. As of September 24, 2026, the NBU had already noted the dollar's steady rise, signaling the impending breach of the 45 hryvnias barrier. The latest update confirms this trend, underscoring the ongoing fluctuations in Ukraine's exchange rate.
In other related news, the NBU recently imposed a fine of 16.5 million hryvnias on the payment company iPay, though this appears unrelated to the currency exchange rate changes. The fine serves as a reminder of the regulatory oversight maintained by the NBU in the financial sector.