Sharp Drop in Dollar: Ukraine's Central Bank Announces New Official Exchange Rate

Currency Exchange Rates for June 17, 2026

According to Главком: On June 17, 2026, the National Bank of Ukraine (NBU) released its official exchange rates, revealing that the US dollar fell by 0.41 hryvnias compared to the previous day. The official rate now stands at 44.78 UAH per USD. The euro is quoted at 51.94 UAH, while the Polish zloty sits at 12.24 UAH. Additional rates were published for other currencies, including the British pound sterling and the Swiss franc.

According to the NBU's weekly report, the dollar weakened by 0.06 UAH over the past seven days. In contrast, the euro gained slightly more than 0.04 UAH. The Swiss franc dropped by nearly 0.045 UAH, and the British pound fell by 0.037 UAH. The Polish zloty lost less than 0.01 UAH during the same period. The official NBU rate for GBP is 60.0716 UAH, and for CHF it is 56.3199 UAH.

NBU Policy Decisions and Currency Market Dynamics

The NBU's board has decided to keep the key policy rate unchanged at 15%. The central bank noted that inflation had been steadily slowing from June 2025 through January 2026, but has since begun to rise. Price pressures have intensified due to a challenging energy situation, a sharp increase in fuel costs, the effects of the hryvnia's depreciation, and rising wages.

Additionally, the NBU approved an operation to exchange non-cash foreign currency held by banks into cash. As of 09:10 on June 17, 2026, exchange rates at various banks were as follows:

• Oschadbank:
  • USD: 44.65 / 45.00
  • EUR: 51.85 / 52.30
• PrivatBank:
  • USD: 44.55 / 45.04
  • EUR: 51.74 / 52.35
  • GBP: 59.83 / 60.60
  • PLN: 12.20 / 12.34
• PUMB:
  • USD: 44.60 / 45.20
  • EUR: 51.90 / 52.60
  • GBP: 59.40 / 60.80
  • PLN: 12.05 / 12.35
• Monobank:
  • USD: 44.65 / 45.03
  • EUR: 51.67 / 52.33
• Raiffeisen Bank:
  • USD: 44.65 / 45.15
  • EUR: 51.60 / 52.37
  • GBP: 58.00 / 61.50
  • PLN: 11.50 / 12.60
  • CHF: 53.80 / 57.60
• OTP Bank:
  • USD: 44.60 / 44.99
  • EUR: 51.75 / 52.65
  • CHF: 56.00 / 56.95
• Ukrsibbank:
  • USD: 44.58 / 45.02
  • EUR: 51.61 / 52.32
  • GBP: 59.50 / 61.20
  • CHF: 55.50 / 57.30

Overall, Ukraine's foreign exchange market remains volatile, with fluctuating rates that could impact the country's economic outlook.

The decline of the US dollar in Ukraine mirrors broader currency market trends and may stem from a combination of domestic and external economic factors.

The NBU's decision to hold the key rate at 15% signals a cautious monetary policy stance amid rising price pressures fueled by the energy crisis and higher fuel costs. This suggests potential headwinds for economic stability in the near term.