Euro to Hryvnia Outlook for March and New ECB Banknotes.

Ukraine's Foreign Exchange Market Conditions

According to Novyny.live: In February 2026, the Ukrainian hryvnia traded against the euro at a rate of 50.76 to 51.25 UAH/EUR, indicating a degree of stability in the country's currency market. Forecasts suggest the official exchange rate will remain within a range of 50.90 to 51.40 UAH/EUR. During this same period, the US dollar to euro exchange rate fluctuated between 1.18 and 1.19 USD/EUR. These figures point to a controlled currency situation in Ukraine, which is a key indicator for international businesses and investors monitoring the region.

New Euro Banknote Series

Simultaneously, the European Central Bank (ECB) is preparing to launch the third series of euro banknotes by the end of 2026. As ECB representatives noted:

“The Governing Council will decide when to begin production and issuance of the new euro banknotes. For now, there is no set date for when the notes will enter circulation.”

This development could influence the perception of the euro as a stable currency among Ukrainians and foreign investors.

It is also important for Ukrainians to be aware that the daily cash withdrawal limit for foreign currency is set at the equivalent of 100,000 UAH. This restriction likely helps prevent sharp fluctuations in the forex market, though it may create inconveniences for those planning large transactions.

Currency expert Oleksii Plotnikov remarked:

“There are many misunderstandings between Europe and America, which have resulted in the strengthening of the European currency against the dollar.”

This highlights how global economic processes directly impact Ukraine's currency market.

The situation on Ukraine's foreign exchange market remains stable, which may indicate the potential for maintaining economic stability amid global changes. The issuance of new euro banknotes could also alter public perception of this currency, a factor important for foreign investment. Ukrainians should exercise caution when planning major financial operations, considering the existing cash withdrawal limits that could affect their liquidity.