--- title: "Dollar at New Historical Maximum: NBU Exchange Rate for October 26 and Bond Prospects" description: "The National Bank of Ukraine set the dollar exchange rate for October 26 at a historical maximum of 45.20 UAH, with the euro rising to 50.57 UAH. Experts evaluate the prospects of government bonds." date: 2026-10-23T13:02:22.439Z lang: en url: https://xab.info/en/posts/dollar-at-new-maximum-nbu-rate-october-26 tags: [nbu, exchange-rate, dollar, euro, bonds, ukraine-economy] author: "Darya Fomina, Andrey Kosynko" publisher: "XAB.info" --- # Dollar at New Historical Maximum: NBU Exchange Rate for October 26 and Bond Prospects ![U.S. dollar banknote with a chart of rising quotes and financial indicators in the background](https://xab.info/media/2026/10/23/dollar-na-novom-maksimume-kurs-nbu-26-oktyabrya/dollar-na-novom-maksimume-kurs-nbu-26-oktyabrya-1.webp) ## Key Points - The official dollar exchange rate for October 26 rose to 45.20 UAH. - The euro climbed to the level of 50.57 UAH. - Foreign currency government bonds are limited in volume due to regulatory measures. - The main difference between bonds and currency is the presence of coupon income. The National Bank of Ukraine has set the official foreign exchange rates for Monday, October 26, 2026. The U.S. dollar showed growth, updating its historical maximum, while the European currency also noticeably increased in price amid current market trends. ### Dynamics of Official Exchange Rates for October 26 On Monday, October 26, the National Bank of Ukraine fixed the official dollar exchange rate at 45.20 UAH. Compared to Friday, October 23, when the American currency was valued at 45.05 UAH, the figure increased by 15 kopecks, setting another record high. The official euro exchange rate also demonstrated an upward trajectory. As of the same date, the European currency was set at 50.57 UAH. The increase amounted to 14 kopecks compared to the figure on October 23, when the euro exchange rate was 50.43 UAH. These changes reflect ongoing economic pressure on the country's domestic currency market. ### Government Bonds as an Alternative to Buying Cash Currency Foreign currency internal government bonds can potentially serve as an alternative to the traditional purchase of foreign banknotes, but their availability remains limited. As financial analyst Andriy Shevchyshyn explained in a commentary, there are few foreign currency government bonds on the market due to current regulatory restrictions. In the past, such financial instruments were often used to bypass existing restrictions, which is why the Ministry of Finance and the National Bank are purposefully reducing their issuance. Because of this, retail investors may find it difficult to find free foreign currency bonds for subsequent purchase on the open market. ### Yield and State Guarantees on Bonds The key difference between foreign currency government bonds and purchasing cash dollars or euros lies in the regular receipt of coupon payments. The purchase of physical currency itself does not generate additional passive income, and earning on it is possible only with a further increase in the exchange rate. The expert also drew attention to the level of reliability and state guarantees for internal debt obligations. The risk of default on hryvnia government bonds is estimated as minimal, since it is significantly easier for the state to provide payments in the national currency than to refuse to fulfill internal obligations. ### Significance of Current Changes in the Currency Market The updating of historical maximums for the official dollar and euro exchange rates demonstrates stable macroeconomic trends and pressure on the Ukrainian financial system. The search for alternative capital preservation instruments, such as government bonds, is complicated by regulatory restrictions, forcing investors to carefully weigh all risks and advantages when managing their savings. ## Fact-Check & Sources - [Доллар на новом максимуме: курс НБУ на 26 октября и могут ли ОВГЗ заменить покупку валюты](https://www.rbc.ua/ukr/news/dolar-novomu-maksimumi-kurs-nbu-26-zhovtnya-1792760353.html) - The primary source confirms the official NBU exchange rates for October 26 and analyst commentary. - [Доллар установил новый исторический рекорд: официальный курс НБУ на 14 октября](https://delo.ua/ru/news/dollar-ustanovil-novyi-istoriceskii-rekord-oficialnyi-kurs-nbu-na-14-oktyabrya-474237/) - Подтверждено по источнику delo.ua - [Доллар установил новый исторический рекорд: актуальный курс валют НБУ на 14 октября](https://www.rbc.ua/ukr/news/dolar-vstanoviv-noviy-istorichniy-rekord-1791896325.html) - Основной материал содержит все ключевые цифры по курсам НБУ на 26 октября и комментарий аналитика Андрея Шевчишина об ОВГЗ. - [Доллар впервые превысил 45 грн по официальному курсу НБУ: сколько стоит валюта в обменных пунктах](https://focus.ua/economics/770115-v-odesse-dollar-prodayut-po-45-25-grn-a-v-poltave-po-45-30-grn-oficialnyy-kurs-prevysil-otmetku-v-45-grn) - Подтверждено по источнику focus.ua ## FAQ ### What official dollar exchange rate did the NBU set for October 26? The official dollar exchange rate for Monday, October 26, is set at 45.20 UAH. ### How much did the euro exchange rate grow compared to October 23? The euro exchange rate grew by 14 kopecks to 50.57 UAH compared to 50.43 UAH on Friday. ### Why are foreign currency government bonds difficult to buy on the market? The availability of foreign currency bonds is limited due to regulatory measures by the NBU and the Ministry of Finance restricting their supply.