The course is breaking records: how much banks and exchange offices give for 100 US dollars.

The National Bank updated the exchange rate of the hryvnia: the dollar and euro have risen in price

The National Bank of Ukraine updated the official exchange rate of the hryvnia on Wednesday, January 15, 2025. The American dollar added one kopeck and reached the mark of 42.27 hryvnias. The euro rose by 20 kopecks to 43.32 hryvnias.

On the interbank currency market, the dollar is trading in the range of 42.27/42.30 hryvnias, the euro - 43.42/43.44 hryvnias. At the current exchange rate, 100 US dollars will cost 4227 hryvnias.

The currency market at the beginning of 2025 is under pressure from increased demand. Because of this, the National Bank is forced to actively use reserves to control the exchange rate of the national currency. Experts noted that from January 13 to 19, the main fluctuations in the interbank will occur in the range of 42-42.5 hryvnias per dollar, indicating the effectiveness of the regulator's measures.

In the state budget of Ukraine for 2025, an average exchange rate of 45 hryvnias per dollar is planned. Most experts expect this year's devaluation to not exceed 10-12%. Investment banker Sergey Fursa forecasts that by the end of the year, the dollar may reach 45 hryvnias, explaining such changes by the natural processes in the conditions of war and a significant trade deficit.

The stability of the currency market is supported by Ukraine's foreign exchange reserves, which by the end of 2024 exceeded 43 billion dollars. This provides the NBU with sufficient resources to smooth out exchange rate fluctuations.

It is reminded that the dollar exchange rate at the beginning of 2025 reached the level of 42.08 hryvnias, which became a new historical anti-record.

It is worth noting that the devaluation of the hryvnia will continue since Ukraine has a negative trade balance of 35-40 billion dollars.

As reported, according to the basic scenario, the exchange rate may reach 47 hryvnias per dollar, and according to the pessimistic scenario - may even exceed 50 hryvnias. At the same Time, the devaluation of the hryvnia will not exceed the level of inflation, which is expected to be within 8-10%.

It is also worth adding that the National Bank will continue the policy of managed flexibility of the exchange rate.