Dollar exchange rate until 2027: why it will not exceed 48 hryvnias according to forecasts

Dollar exchange rate forecast in Ukraine for 2026-2027

The forecast of the dollar exchange rate in Ukraine for 2026-2027, according to the International Monetary Fund (IMF), the government, and the National Bank of Ukraine (NBU), indicates a gradual increase, but not exceeding 48 hryvnias. External assistance is expected to cover the budget deficit, which will also affect the stability of the national currency.

In 2026, the expected dollar exchange rate will be 45.4 hryvnias, and in 2027, it will be 47.5 hryvnias. The draft budget for 2026 includes an average rate of 45.7 hryvnias per dollar. These forecasts are based on an analysis of the economic situation in the country and expectations regarding international support.

International assistance and economic stability

According to forecasts, international assistance in Ukraine in 2026 will exceed 45 billion dollars, while in 2027, it will be around 39 billion dollars. Such volumes of financial support are important for covering the budget deficit and stabilizing the economy of the country, which continues to face the challenges of war.

Economist Mustafaieva notes that despite the ongoing war, the country's economy is slowly stabilizing. Mustafaieva

She summarized that if negative scenarios do not materialize, the dollar in 2026-2027 will not go beyond 48 hryvnias. The key factors influencing exchange rate dynamics are:

• agricultural sector
• metallurgy
• IT services
• machine engineering

Thus, in the conditions of external financial support and gradual improvement of the economic situation, the dollar exchange rate in Ukraine should remain within the projected values, not exceeding 48 hryvnias until 2027.

The forecasts for the dollar exchange rate in the coming years reflect the importance of international financial support in conditions of economic instability caused by war. The stability of the national currency will depend on the country's ability to attract foreign investments and support, as well as on the development of key sectors of the economy. These factors can significantly affect the overall economic situation in Ukraine and the standard of living of the population.