May 31 Exchange Rates Released by Ukraine's Central Bank: Dollar, Euro, and Zloty All Decline

Official Currency Rates for May 31, 2026

According to Главком: On the morning of Sunday, May 31, 2026, the National Bank of Ukraine (NBU) published its official exchange rates. According to the data, the U.S. dollar fell to 44.26 UAH, the euro dropped to 51.43 UAH, and the Polish zloty decreased to 12.14 UAH. The official NBU rates for this day are as follows:

• USD - 44.2653
• EUR - 51.4363
• GBP - 59.3509
• PLN - 12.1481
• CHF - 56.1173

As for rates at commercial banks:

• Oschadbank offers 44.05/44.45 UAH per dollar and 51.35/51.85 UAH per euro.
• At PrivatBank, the dollar ranges between 43.82 and 44.42 UAH, while the euro is between 50.95 and 51.95 UAH.
• PUMB has set its dollar rate at 44.00/44.60 UAH and its euro rate at 51.30/52.00 UAH.
• Monobank quotes the dollar at 44.00/44.43 UAH and the euro at 51.30/51.99 UAH.
• Raiffeisen offers a dollar rate of 44.10/44.45 UAH and a euro rate of 51.10/51.75 UAH.
• OTP Bank lists the dollar at 43.75/44.35 UAH and the euro at 51.00/51.95 UAH.
• Ukrsibbank has a dollar rate of 44.05/44.44 UAH and a euro rate of 51.30/51.94 UAH.

All currency rates were recorded as of 09:30 on May 31, 2026.

Economic Context

The NBU Board has decided to keep its key policy rate unchanged at 15%. After a period of decline from June 2025 to January 2026, inflation has started to rise again. The main factors driving price pressure include:

• A difficult energy situation following Russian strikes;
• A sharp increase in fuel prices amid the conflict in the Middle East;
• Effects from the hryvnia's earlier depreciation;
• Rapid wage growth.

The NBU has also decided to conduct operations to exchange non-cash currency from banks into cash, a move that could impact Ukraine's foreign exchange market. This decision reflects the central bank's efforts to manage liquidity and stabilize the financial system.

The decline in the dollar and euro exchange rates points to volatility in the currency market, driven by a combination of external and internal factors.

National Bank of Ukraine

Ongoing energy sector challenges and inflationary pressures are likely to continue influencing the hryvnia's exchange rate in the near term. Maintaining the key rate at 15% signals the NBU's commitment to curbing inflation risks amid economic uncertainty.