Official Currency Rates for May 4, 2026
Ukraine's National Bank (NBU) has published its official exchange rates for May 4, 2026. Compared to the previous day, the values of the US dollar, the euro, and the Polish zloty have all increased. The official rate for the dollar on this date is set at 43.91 hryvnias, while the euro stands at 51.59 hryvnias, and the Polish zloty at 12.12 hryvnias.
According to NBU data, the official rates for May 4, 2026, are as follows: the dollar at 43.9129 hryvnias, the euro at 51.5977 hryvnias, the British pound at 59.7984 hryvnias, the Polish zloty at 12.1293 hryvnias, and the Swiss franc at 56.2553 hryvnias. Meanwhile, rates offered by individual banks on the same day are listed below:
- Oschadbank: USD - 43.80/44.15; EUR - 51.40/51.90; GBP - 57.90/59.90; PLN - 11.40/12.20; CHF - 45.05/47.40.
- PrivatBank: USD - 43.75/44.24; EUR - 50.95/51.95; GBP - 56.2/59.0; PLN - 11.65/12.16.
- PUMB: USD - 43.70/44.30; EUR - 51.20/51.90; GBP - 58.50/59.90; PLN - 11.88/12.18.
- monobank: USD - 43.80/44.23; EUR - 51.35/52.05.
- Raiffeisen: USD - 43.73/44.13; EUR - 51.30/51.99; GBP - 57.40/60.90; PLN - 11.50/12.50; CHF - 53.50/57.40.
- OTP Bank: USD - 43.75/44.10; EUR - 50.95/51.70; CHF - 55.40/56.50.
- Ukrsibbank: USD - 43.82/44.23; EUR - 51.40/51.99; GBP - 59.00/60.80; CHF - 55.40/57.10.
Currency Market Trends
Bank exchange rates as of 08:15 on May 4, 2026, confirm a general upward trend in the cost of foreign currencies. Additionally, the NBU's board has decided to keep its key policy rate unchanged at 15%. This move comes amid a slowdown in inflation, which had been steadily declining from June 2025 through January 2026, though it has since begun to rise again.
Several factors have intensified price pressures on Ukraine's economy, including a difficult energy situation following Russian strikes, a sharp increase in fuel costs driven by the conflict in the Middle East, the lingering effects of earlier hryvnia depreciation, and faster wage growth. To address these challenges, the NBU has decided to carry out an operation exchanging non-cash currency from banks for cash.
As a result, the situation in Ukraine's foreign exchange market remains tense. Future actions by the NBU, along with shifts in the global economy, could significantly impact exchange rates in the near term. Keeping the policy rate at 15% signals the central bank's intent to manage inflationary pressures and stabilize the currency market amid external headwinds. It is important to monitor developments closely, as changes in the economic landscape may affect the hryvnia's value and the overall health of the country's financial system.