New vector for the dollar and euro - what will happen to the exchange rate in August.

At the beginning of August 2025, the dollar's exchange rate slightly decreased against the euro, which immediately reflected on the rate in Ukraine. Whether this will lead to a convergence towards parity in the dollar-euro pair remains a question.

Expert forecasts

Economic analyst Danilo Monin explained what to expect from the exchange rate in August 2025.

What to expect from the dollar exchange rate

The National Bank set the official dollar exchange rate at 41.76 UAH/USD. Remaining stable throughout the summer, this figure depends on the situation in the global currency market.

“The behavior of the exchange rate in August will heavily depend on investor reactions to the decision of the US Federal Reserve on July 30...”

Currently, further maintenance of the Fed's rate at its current level and a possible strengthening of the dollar is expected.

What to expect from the euro exchange rate

The euro exchange rate fell to 48.14 UAH/euro at the end of July. Predictions regarding the euro also depend on the situation in the currency market and the ratio with the dollar.

“If the dollar strengthens in August, the euro will remain at its current level or may decrease to 48 UAH/euro...”

A change in the exchange rate and the National Bank's reaction to these changes is expected.

What else Ukrainians should know

It is important to consider potential issues when exchanging old sample dollars or to avoid dubious currency exchange operations on the black market.

An overview of the currency market situation is presented, including changes in the dollar and euro exchange rates, expert forecasts, and advice for Ukrainians. Currently, some instability is expected due to the market's reaction to the decision of the US Federal Reserve. Recommendations regarding currency exchange also emphasize the importance of caution and choosing legal methods of exchange.