Hryvnia Gains Ground Against Dollar and Euro: NBU Sets Exchange Rates for March 16.

Official Currency Rates Announced for March 16, 2026

According to TSN.ua: On March 16, 2026, the National Bank of Ukraine released its official exchange rates, showing a slight strengthening of the hryvnia against both the US dollar and the euro. The dollar is now valued at 44.1381 UAH, while the euro stands at 50.6661 UAH. This modest uptick reflects ongoing stability in the currency market, even amid external economic pressures. For context, these rates serve as benchmarks for financial institutions and businesses across the country.

Exchange Rates at Commercial Banks

Meanwhile, rates offered by commercial banks show some variation from the official figures:

• Oschadbank:
  • Dollar: 43.90 UAH (buy), 44.35 UAH (sell)
  • Euro: 50.55 UAH (buy), 51.20 UAH (sell)
• Privatbank:
  • Dollar: 43.75/44.35 UAH
  • Euro: 50.10/51.10 UAH
• PUMB:
  • Dollar: 43.90/44.50 UAH
  • Euro: 50.40/51.10 UAH
• Monobank:
  • Dollar: 43.97/44.44 UAH
  • Euro: 50.41/51.01 UAH
• Raiffeisen Bank:
  • Dollar: 43.90/44.33 UAH
  • Euro: 50.30/51.30 UAH
• OTP Bank:
  • Dollar: 43.90/44.55 UAH
  • Euro: 50.50/51.50 UAH
• Ukrsibbank:
  • Dollar: 43.85/44.45 UAH
  • Euro: 50.30/51.40 UAH

Overall, the National Bank of Ukraine currently holds reserves totaling $57 billion, a factor that bolsters confidence in the national currency and the broader economy.

The hryvnia's appreciation against the dollar and euro may signal positive economic trends in Ukraine, as stable exchange rates often reflect trust from both investors and consumers.

Still, it is important to note that fluctuations in bank exchange rates can influence financial decisions made by individuals and businesses. The currency market may continue to face pressure from external economic factors, making it crucial to monitor future developments and their potential impact on the country's economy.