Euro exchange rate for September: what range to expect for the hryvnia.

Forecast of the dollar and euro exchange rates at the beginning of September

According to inkorr.com: At the beginning of September, the euro exchange rate is expected to fluctuate between 1.161 and 1.176 US dollars.

The cashless dollar rate in the Ukrainian market may range from 41.15 to 41.60 hryvnias, while the cashless euro rate will vary from 47.77 to 48.92 hryvnias.

Due to the NBU's intervention in trading, the actual trading range for the euro is expected to be narrower - from approximately 47.85 to 48.60 hryvnias.

Cash currency market

In most currency exchange offices of banks and financial institutions, the difference between buying and selling for dollars and euros will be 20-25 kopecks, while large exchange offices are expected to have a margin of 15-20 kopecks.

The cash dollar rate in banks may fluctuate between 40.90 and 41.80 hryvnias, while in financial companies it may range from 41.10 to 41.75 hryvnias.

The cash euro in banks will cost between 47.70 and 48.80 hryvnias, while in exchange offices it will range from 47.80 to 48.70 hryvnias.

In regions with less competition, rates may differ by 3-5 kopecks in either direction, while cash euros will remain popular for speculation in the currency market.

Experts previously provided ranges for exchange rates for September, predicting that the euro exchange rate in the international market will remain narrow due to the active intervention of the National Bank of Ukraine to stabilize the exchange rate.

On the cash market, a difference of 20-25 kopecks between buying and selling is anticipated for both the dollar and euro, while large exchange offices will maintain a margin of 15-20 kopecks. Also, the euro rate may vary by 3-5 kopecks in different regions, and cashless euros will remain a popular instrument for currency speculation.

The situation in the currency market remains dynamic, with key factors influencing rates being both domestic and external economic conditions. Experts' forecasts will be useful for those planning currency operations in the near future. Financial institutions will continue to adapt their strategies depending on the market situation.