Official Exchange Rates for March 23, 2026
The National Bank of Ukraine (NBU) has published the official foreign exchange rates for March 23, 2026, alongside decisions concerning its key policy rate and currency operations. The official U.S. dollar rate was set at 43.82 Ukrainian hryvnias (UAH). The euro was fixed at 50.67 UAH, while the Polish zloty stands at 11.85 UAH.
Compared to the previous day, the dollar lost 14 kopiyok (hryvnia cents), while the euro gained 17 kopiyok and the zloty rose by 6 kopiyok. The NBU's Board decided to maintain the key policy rate at 15% per annum. A decision was also made to conduct an operation exchanging banks' non-cash foreign currency for cash.
Exchange Rates at Commercial Banks
The following rates were in effect at commercial banks as of March 23, 2026:
- U.S. dollar - 43.8200 UAH
- Euro - 50.6778 UAH
- Polish zloty - 11.8538 UAH
Buy and sell rates at specific commercial banks were as follows:
- Oschadbank: USD - 43.60 / 44.25 UAH; EUR - 50.35 / 51.15 UAH
- PrivatBank: USD - 43.45 / 44.05 UAH; EUR - 50.10 / 51.10 UAH
- PUMB: USD - 43.60 / 44.20 UAH; EUR - 50.30 / 51.00 UAH
- monobank: USD - 43.60 / 44.05 UAH; EUR - 50.32 / 51.01 UAH
- Raiffeisen Bank: USD - 43.55 / 44.00 UAH; EUR - 50.20 / 51.00 UAH
- OTP Bank: USD - 43.50 / 44.15 UAH; EUR - 50.00 / 51.00 UAH
- UkrSibbank: USD - 43.55 / 44.15 UAH; EUR - 50.15 / 51.15 UAH
In related commentary, former NBU Council member and monetary policy expert Vitaliy Shapran gave an interview to 'Glavcom,' discussing current monetary policy issues in Ukraine. The NBU's policies are closely watched as they directly impact inflation, savings, and the cost of imports for the Ukrainian economy.
'The situation on Ukraine's foreign exchange market shows certain rate fluctuations, which may indicate the influence of external economic factors and domestic policy.' Vitaliy Shapran
Maintaining the key rate at 15% annually is likely aimed at stabilizing inflationary processes and supporting the national currency. Meanwhile, changes in exchange rates can influence consumer prices and economic activity within the country.
As the National Bank of Ukraine establishes new exchange rates, understanding the broader economic context is crucial. The upcoming decisions from the Fed and ECB may significantly influence the Ukrainian hryvnia's trajectory in the coming week. For a deeper analysis of how these factors could shape currency movements, see our article on the hryvnia's outlook for next week.