Official Currency Rates for May 1, 2026
The National Bank of Ukraine has released its official exchange rates for May 1, 2026. Compared to the previous day, the U.S. dollar, euro, and Polish zloty all lost value. As of 8:15 AM on May 1, 2026, the NBU's official rates are as follows:
- U.S. dollar — 43.96 UAH
- Euro — 51.45 UAH
- Polish zloty — 12.07 UAH
According to the NBU, the precise figures are: USD — 43.9630, EUR — 51.4587, GBP — 59.4204, PLN — 12.0784, and CHF — 56.0038.
Trends in the Foreign Exchange Market
Exchange rates set by several commercial banks also reflect a downward trend. For instance, Oschadbank lists the dollar at 43.60/44.20 UAH, the euro at 51.20/51.85 UAH, and the Polish zloty at 11.40/12.20 UAH. PrivatBank offers rates of 43.75/44.24 UAH for the dollar and 51.13/51.81 UAH for the euro, while PUMB quotes 43.70/44.30 UAH and 51.20/51.90 UAH, respectively. Other financial institutions, including monobank, Raiffeisen, OTP Bank, and Ukrsibbank, have also recorded rates that point to a general decrease in the value of foreign currencies.
The NBU Board has decided to maintain its key policy rate at 15%. This decision comes amid a slowdown in inflation, which has been declining from June 2025 through January 2026. Additionally, the National Bank of Ukraine has approved an operation to exchange non-cash currency from banks into cash, a move that could further support stability in the foreign exchange market.
Vitaliy Shapran believes that 'the dollar cannot remain weak against the euro forever, and once a final trade agreement is signed between the U.S. and the EU, the market will return to a normal course.'
The weakening of foreign currencies may signal an improving economic outlook in Ukraine and easing inflationary pressures. Keeping the key rate at 15% also underscores the NBU's commitment to maintaining financial stability. At the same time, potential shifts in international trade deals could impact the currency market, so it is worth monitoring developments in this area.