The National Bank of Ukraine strengthened the hryvnia against both the US dollar and the euro for Wednesday, September 2, setting the official rate at 44.46 hryvnias per dollar. According to figures published on the regulator's website, the Ukrainian currency gained 6 kopiyok against the dollar compared to the previous indicator.
Against the euro, the hryvnia also strengthened its position, gaining 10 kopiyok as the central bank established Wednesday's official rate at 51.54 hryvnias for one euro.
The National Bank of Ukraine acts as the country's central bank and monetary regulator, establishing daily benchmark rates that govern official financial accounting and currency exchanges across the nation. The hryvnia, which is divided into 100 kopiyok, has served as the national currency of Ukraine since 1996.
Interbank market and commercial bank rates
On the Ukrainian interbank foreign exchange market, hryvnia quotes against the dollar settled at 44.45 to 44.48 hryvnias per dollar by 4:00 p.m. Trading quotes against the euro established a range of 51.53 to 51.55 hryvnias per euro by the same time.
Across commercial banks in Ukraine on September 1, exchange rates also registered movement. The dollar rate in Ukrainian banks dropped by 5 kopiyok to 44.82 hryvnias per dollar, while American currency could be sold at an average rate of 44.34 hryvnias per dollar. The average euro rate cheapened by 21 kopiyok to 52.03 hryvnias per euro, while European currency could be sold at a rate of 51.39 hryvnias per euro.
At PrivatBank, the dollar rate decreased by 5 kopiyok to 44.70 hryvnias per dollar, while American currency could be sold at the bank for 44.10 hryvnias. The euro rate at PrivatBank also cheapened by 5 kopiyok to 52 hryvnias per euro, while European currency could be sold at a rate of 51 hryvnias per unit of foreign currency.
PrivatBank is the largest commercial lender in Ukraine and operates under state ownership, serving millions of retail customers across the country. Commercial bank exchange rates reflect cash market dynamics and retail transaction demand within the broader currency framework set by central bank policy.
