Dollar, Euro, and Polish Zloty Rise: Ukraine’s Central Bank Releases May 12 Exchange Rates

Official Currency Rates for May 12, 2026

According to Главком: The National Bank of Ukraine (NBU) has published its official exchange rates as of the morning of May 12, 2026. Compared to the previous day, the U.S. dollar, euro, and Polish zloty all increased in value. The official rate for the U.S. dollar is set at 43.95 UAH, the euro at 51.72 UAH, and the zloty at 12.20 UAH. Meanwhile, the NBU’s key policy rate remains unchanged at 15%. It is worth noting that inflation has started to rise again after a period of deceleration that lasted from June 2025 through January 2026.

Exchange Rates at Commercial Banks

The NBU’s official exchange rates for May 12, 2026, are as follows:

• USD – 43.9584
• EUR – 51.7237
• GBP – 59.8054
• PLN – 12.2019
• CHF – 56.4438

As of 07:24 on May 12, 2026, the exchange rates offered by major banks are:

• Oschadbank – USD 43.80/44.15, EUR 51.60/52.10;
• Privatbank – USD 43.80/44.24, EUR 51.59/52.08, GBP 59.75/60.60, PLN 12.17/12.28;
• PUMB – USD 43.70/44.30, EUR 51.50/52.20, GBP 59.00/60.40, PLN 12.02/12.32;
• Monobank – USD 43.81/44.24, EUR 51.60/52.07;
• Raiffeisen – USD 43.79/44.19, EUR 51.50/52.06, GBP 57.30/60.90, PLN 11.50/12.50, CHF 53.30/57.50;
• OTP Bank – USD 43.40/43.95, EUR 51.00/51.95, CHF 55.75/56.75;
• Ukrsibbank – USD 43.65/44.20, EUR 51.25/52.15, GBP 58.30/60.60, CHF 55.10/57.10.

Additionally, the NBU Board has decided to conduct an operation exchanging banks’ non-cash foreign currency for cash. This move comes in response to mounting economic challenges.

“The dollar cannot remain weak against the euro forever. Once a final trade agreement is signed between the U.S. and the EU, the market will return to normal.”

Vitaliy Shapran

Ukraine’s foreign exchange market reflects broader economic trends, including rising inflation that could affect consumer prices and household savings. With currency rates climbing, it is essential for financial institutions and the state to take steps to stabilize the economy, ensure credit availability, and support businesses. Looking ahead, upcoming trade deals between the U.S. and the EU may make currency fluctuations a key factor for Ukraine’s economy.