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Ukraine’s National Bank set the official exchange rate at UAH 45.5382 per US dollar for Tuesday, October 27, marking a second consecutive day of record lows for the hryvnia. The dollar rose by 33.61 kopiykas from the previous banking day, according to central bank data.
The previous record was set on October 26, when the official rate stood at UAH 45.2021 per dollar.
The euro also strengthened significantly. The National Bank set its official rate at UAH 50.9527 per euro for October 27, up 37.61 kopiykas from UAH 50.5766 the previous banking day.
Since the beginning of 2026, the hryvnia has weakened by approximately 7.5% against the dollar. By comparison, it lost 0.8% of its value against the US currency over the whole of 2025.
The Kyiv School of Economics’ KSE Institute has sharply downgraded its economic outlook for Ukraine. It forecasts an average exchange rate of UAH 44.5 per dollar in 2026, UAH 47.8 in 2027, UAH 50.6 in 2028 and UAH 51 in 2029.
In a separate analysis, ZN.UA described Ukraine’s economy as heavily dependent on international financial assistance and examined the challenges facing the country’s 2027 budget.
