Official Exchange Rates for May 8, 2026
The National Bank of Ukraine (NBU) has released its official currency exchange rates for May 8, 2026. According to the data, the US dollar, euro, and Polish zloty all rose in value compared to the previous day. The official rate for the dollar now stands at 43.80 UAH, the euro at 51.54 UAH, and the Polish zloty at 12.19 UAH. More precisely, the NBU sets the dollar at 43.8033, the euro at 51.5433, and the zloty at 12.1947.
Commercial Bank Exchange Rates
Data from commercial banks shows Oschadbank offering the dollar at 43.65/44.00 UAH and the euro at 51.40/51.85 UAH. Privatbank quotes the dollar at 43.45/44.05 UAH and the euro at 50.85/51.85 UAH. At PUMB, the dollar rate is 43.60/44.20 UAH, with the euro at 51.40/52.10 UAH. Other banks also report rising currency values.
The NBU Board has decided to keep the key policy rate unchanged at 15%. Inflation, which had been slowing from June 2025 through January 2026, has started to climb again since February 2026. This uptick is driven mainly by the challenging energy situation following Russian strikes, higher fuel prices, a weaker hryvnia, and rising wages.
Analyst Vitaliy Shapran noted, 'The dollar cannot remain perpetually weak against the euro. Once the final trade agreement between the US and the EU is signed, the market will return to normal.'
As of 07:20 AM on May 8, 2026, the currency market is showing heightened activity, with financial market players anticipating further shifts in the economic landscape.
The increase in exchange rates reflects ongoing instability in Ukraine's economy, driven by both domestic and external factors. Experts believe the situation may improve after the US-EU trade deal is finalized, potentially stabilizing the market. In the short term, however, the economy will remain under pressure from inflationary trends and energy sector challenges that require close attention from the government and regulators.