Ukraine's Central Bank Holds Key Rate at 15%, Announces Official Exchange Rates for April 21

Official Exchange Rates for April 21, 2026

According to Главком: The National Bank of Ukraine (NBU) has published the official exchange rates for April 21, 2026. The NBU's Board has decided to maintain its key policy rate at 15% per annum. In a separate move, the central bank also approved a transaction to exchange non-cash foreign currency held by banks for cash. This decision comes as the NBU continues its efforts to manage inflation and ensure economic stability.

As of April 21, 2026, the NBU's official rates are as follows: the US dollar is set at UAH 44.10, the euro at UAH 51.89, and the Polish zloty at UAH 12.26. Compared to the previous day, the dollar rose by 47 kopiykas, the euro increased by 47 kopiykas, and the zloty gained 14 kopiykas. These currency fluctuations reflect ongoing volatility in the foreign exchange market, which can impact the country's broader economic conditions.

Key Policy Rate and Inflation Target

The NBU's key policy rate remains at 15% annually, a cornerstone of its monetary policy aimed at supporting economic stability. The central bank's inflation target is set at 5% over its policy horizon. These figures highlight the National Bank's strategic priorities in combating inflationary risks and maintaining financial stability, a challenging task in the current global economic climate.

The official exchange rates as of April 21, 2026, according to the NBU, are:

• USD 44.1004
• EUR 51.8929
• GBP 59.6282
• PLN 12.2600
• CHF 56.4521

Meanwhile, rates offered by major Ukrainian banks are as follows:

• Oschadbank: USD 43.80 / 44.45, EUR 51.60 / 52.40, GBP 58.20 / 60.20, PLN 11.55 / 12.35, CHF 54.90 / 56.90.
• PrivatBank: USD 43.85 / 44.45, EUR 51.45 / 52.45, GBP 59.30 / 60.11, PLN 11.75 / 12.28, CHF 56.40 / 59.00.
• PUMB: USD 43.80 / 44.40, EUR 51.60 / 52.30, GBP 58.80 / 60.00, PLN 12.04 / 12.34.
• monobank: USD 44.01 / 44.43, EUR 51.77 / 52.35.
• Raiffeisen: USD 43.98 / 44.46, EUR 51.60 / 52.46, GBP 57.40 / 61.00, PLN 11.50 / 12.65, CHF 53.80 / 57.60.
• OTP Bank: USD 43.75 / 44.25, EUR 51.30 / 52.20, CHF 55.85 / 56.75.
• UkrSibbank: USD 43.75 / 44.35, EUR 51.50 / 52.40, GBP 58.00 / 60.45, CHF 55.00 / 57.00.

Thus, the situation on Ukraine's currency market remains dynamic. The NBU's decisions are focused on supporting economic stability and controlling inflationary processes.

A vital component of the NBU's monetary policy is maintaining the 15% key rate, which aims to curb inflation and stabilize the financial system. Given the current exchange rate fluctuations, the bank's decision to facilitate a cash-for-non-cash currency exchange may indicate an intensification of measures to ensure market liquidity. This could influence the overall economic climate in Ukraine, particularly amid conditions of global economic uncertainty.