Dollar and Euro Are Falling: Exchange Rates in Banks and Exchangers on October 1

As of October 1, a noticeable decrease in the exchange rates of leading foreign currencies is recorded on the Ukrainian currency market. According to current data from banking institutions and exchange offices, the American currency and the euro demonstrate multidirectional dynamics with a tendency toward cheaper valuation. Starting prices for the purchase and sale of the US dollar in exchange offices begin at 44.83 UAH, while the European currency is offered starting from 51.00 UAH.

Currency Market Dynamics and Exchanger Quotes

According to operational market monitoring data, on the morning of October 1, the average exchange rate of the US dollar in exchangers settled at 44.91 UAH for sale, which is 4 kopecks lower than the previous day's figures. The purchase of the dollar averages 44.78 UAH with a decrease of 2 kopecks. Concurrently, the European currency in exchange offices is sold at 51.40 UAH (a decrease of 5 kopecks) and bought at 51.10 UAH, having lost 10 kopecks in value.

Rates in Leading Commercial Banks of Ukraine

The country's largest financial institutions have promptly adjusted their offers for the population. Thus, PrivatBank sells dollars in branches at 44.90 UAH and buys them at 44.30 UAH, while the cashless rate for payment cards is maintained at 44.84 UAH for sale and 44.45 UAH for purchase. Cash euros at PrivatBank's cash desks are available at 50.00–51.00 UAH. Oschadbank via its mobile application offers the dollar at 44.90 UAH and the euro at 51.20 UAH. At the same time, PUMB set the cash sale rate for the American currency at 45.20 UAH, and the euro at 51.50 UAH. Monobank offers the most attractive retail purchase price for the dollar at 44.83 UAH.

Contradictory Data

An analysis of quotes across various financial structures reveals certain discrepancies between cash rates in branches and the cost of currency for transactions via payment cards. While commercial rates are fixed at higher positions in some banks (for example, up to 45.20 UAH per dollar at PUMB), digital neobanks and card accounts offer more loyal quotes (Monobank sells at 44.83 UAH). Experts note that such disparities are caused by different logistics of cash mass and the degree of risk in the commercial policy of specific banking structures.

Where It Is More Profitable to Conduct Exchange Operations

For citizens planning to buy or sell currency on October 1, finding the most profitable conditions remains a key issue. The cheapest dollar among major banks can be purchased at Monobank for 44.83 UAH or through PrivatBank and Oschadbank branches for 44.90 UAH. The lowest sale cost for the euro is recorded at PrivatBank – 51.00 UAH. From the perspective of selling currency to a bank, PUMB offers the highest dollar purchase rates (up to 44.70 UAH), and it is most profitable to sell euros through PUMB cash branches at a rate of 50.80 UAH per unit of the European currency.