PrivatBank kept its US dollar exchange rate unchanged at 44.75 hryvnias on Monday, August 31, while lowering its euro exchange rate by 30 kopecks. The state commercial lender set its retail price for purchasing the euro at 52.05 hryvnias per unit for cash exchange transactions at bank branches.
Customers looking to sell US dollars to PrivatBank received a rate of 44.15 hryvnias per dollar, while euro sales to the bank were priced at 51.05 hryvnias. For card payments, PrivatBank maintained its dollar rate at 44.84 hryvnias and reduced its euro card settlement rate by 28 kopecks to 52.08 hryvnias.
PrivatBank is the largest commercial bank in Ukraine, serving tens of millions of retail customers and business clients nationwide. Nationalised by the government in 2016, the lender handles a significant portion of domestic card payments, electronic transfers, and retail branch currency operations.
National Bank of Ukraine official rates
The National Bank of Ukraine set the official exchange rate for Monday, August 31, at 44.55 hryvnias per US dollar, weakening the Ukrainian currency by 1 kopeck compared to the previous indicator. The central bank also set the official euro rate at 51.88 hryvnias, representing a 2 kopeck decline for the hryvnia.
The National Bank of Ukraine acts as the country's central monetary authority, regulating the banking sector and setting daily official reference rates for foreign currencies. The national currency, the hryvnia, was introduced in 1996 and is divided into 100 kopecks, with official exchange rates guiding interbank trading and financial reporting.
Average rates across commercial lenders
Across all commercial banks in Ukraine, the average dollar exchange rate remained unchanged at 44.87 hryvnias per dollar on Monday. Commercial financial institutions bought the American currency from customers at an average buying rate of 44.33 hryvnias per dollar.
The average euro exchange rate across Ukrainian commercial banks fell by 5 kopecks to 52.24 hryvnias per euro. Banking institutions bought the European currency from individual sellers at an average rate of 51.54 hryvnias per euro.
Overall exchange rate averages reflect foreign currency liquidity and pricing conditions across Ukrainian financial institutions. Currency fluctuations in cash and card exchange rates directly impact consumers making foreign purchases, sending international payments, or exchanging physical currency.
