---
title: "Dollar and Euro exchange rates for November 11: NBU lowers both currencies, while old 50 and 200 hryvnia bills continue to be withdrawn"
description: "On November 11, the NBU lowered the official dollar rate to 45.32 UAH and the euro to 50.48 UAH. Simultaneously, the regulator continues to withdraw old 50 and 200 hryvnia notes, which remain legal tender."
date: 2026-11-11T14:59:49.408Z
lang: en
url: https://xab.info/en/posts/dollar-euro-rates-november-11-withdrawal-old-bills
tags: [uah, exchange-rate, nbu, dollar, euro, banknotes]
author: "Darya Fomina"
publisher: "XAB.info"
---

# Dollar and Euro exchange rates for November 11: NBU lowers both currencies, while old 50 and 200 hryvnia bills continue to be withdrawn

![A stack of euro banknotes lies on a table over a pile of one hundred US dollar bills with currency exchange rate charts](https://xab.info/media/2026/11/11/kurs-dollara-i-evro-na-11-noyabrya-zamena-staryh-kupyr-50-i-200/kurs-dollara-i-evro-na-11-noyabrya-zamena-staryh-kupyr-50-i-200-1.webp)

## Key Points

- On November 11, 2026, the NBU set the dollar at 45.32 UAH (-18 kopecks) and the euro at 50.48 UAH (-59 kopecks) compared to November 10.
- The National Bank is continuing the replacement of 2003–2007 series 50 and 200 hryvnia notes with 2014 series notes; the process began on November 1, 2024.
- Old 50 and 200 hryvnia banknotes remain legal tender and are accepted without restrictions.
- Banks no longer issue old banknotes from their cashiers, and those reaching banks are passed to the NBU for disposal.

The National Bank of Ukraine has updated the official foreign exchange rates for Thursday, November 11, 2026. Both major currencies showed a decrease compared to the previous banking day. The official dollar rate is set at 45.32 hryvnias, which is 18 kopecks lower than the figure for November 10 (45.50 UAH). The euro also became cheaper: from 51.07 UAH to 50.48 UAH, a decrease of 59 kopecks. Thus, the hryvnia strengthened against both key currencies in a single day.

### Exchange rate dynamics and pressure factors on the hryvnia

The rate decrease on November 11 occurs against the backdrop of volatility that the market demonstrated throughout November. According to Ukrainian media, the regulator had already recorded fluctuations at the beginning of the month: for instance, on November 9, the dollar was at 45.32 UAH, and on November 5, there was an increase in the price of the euro and the zloty following a decline in the dollar after a record high. Experts commenting on these dynamics point to persistent pressure factors on the national currency: imports exceeding exports, increased business expenses for power supply, and the economy's dependence on international financial assistance. Some analysts warn that if the current rate of hryvnia depreciation continues, the dollar rate could approach the 46–47 UAH range by the end of the year, which they estimate will impact consumer prices.

### What is happening with old 50 and 200 hryvnia banknotes

Parallel to its currency decisions, the National Bank is continuing the systematic replacement of older banknotes with modern versions. Specifically, 50 and 200 hryvnia notes of the 2003–2007 series are being replaced with 2014 series banknotes. The regulator announced the beginning of this process in October 2024, and it effectively started on November 1 of that year. The replacement is part of the NBU's effort to optimize cash circulation and improve the quality of banknotes in circulation.

### Do old banknotes remain legal tender

It is important to note that Ukrainians do not need to exchange old banknotes specifically. 50 and 200 hryvnia notes of the previous series retain their status as legal tender: they can be used to pay for goods and services without restrictions. Therefore, holding such banknotes in one's wallet does not cause any payment problems — they are valid alongside the new ones.

### How the withdrawal works: banks no longer issue old notes

In addition to the 50 and 200 hryvnia notes, the National Bank is gradually replacing other banknotes from previous years. The withdrawal mechanism is designed so that banks do not issue old notes from their cash registers for any type of cash transaction, and the regulator has stopped transferring these notes to banks, cash-in-transit companies, and cash processing centers. When old banknotes reach banks, they are no longer returned to circulation but are handed over to the National Bank for disposal. This is why old versions become increasingly rare in daily circulation over time, even though they remain formally valid.

## Fact-Check & Sources

- [Курс доллара и евро резко пошел вниз: официальные данные НБУ на 11 ноября](https://www.rbc.ua/ukr/news/kurs-dolara-ta-evro-rizko-pishov-uniz-ofitsiyni-1794404853.html) - Source: dollar rate 45.32 UAH (-18 kopecks), euro 50.48 UAH (-59 kopecks) for November 11; replacement of 50 and 200 hryvnia notes, their legal tender status, withdrawal mechanism.
- [Доллар резко пошел вниз, но радоваться рано: 2 прогноза, что будет дальше с курсом](https://news.telegraf.com.ua/ukraina/5954885-dollar-rezko-poshel-vniz-no-radovatsya-rano-2-prognoza-chto-budet-dalshe-s-kursom) - Context: factors of pressure on the hryvnia (imports > exports, energy costs, aid dependence), forecast of 46–47 UAH by year-end; data for Nov 9 does not contradict the core.
- [Доллар замер, евро пошел вниз: Нацбанк объявил курс на 9 сентября](https://minfin.com.ua/2026/09/08/181272726/) - Подтверждено по источнику minfin.com.ua
- [Доллар пошел вниз, евро дорожает: новый курс валют на 5 ноября](https://glavred.info/economics/dollar-poshel-vniz-evro-dorozhaet-novyy-kurs-valyut-na-5-noyabrya-10809416.html) - Confirms market volatility in November 2026; consistent with Nov 11 figures.

## FAQ

### What official dollar and euro rates did the NBU set for November 11, 2026?

The dollar is 45.32 UAH (18 kopecks lower than November 10), the euro is 50.48 UAH (59 kopecks lower than November 10).

### Is it urgent to exchange old 50 and 200 hryvnia bills?

No. 50 and 200 hryvnia banknotes of the 2003–2007 series remain legal tender and are accepted without restrictions for payment of goods and services.

### When did the replacement of old notes start, and what are they replaced with?

The NBU announced this in October 2024, and the process effectively began on November 1, 2024. Old 50 and 200 hryvnia notes are replaced with 2014 series banknotes.

### Why are old banknotes becoming rarer in circulation?

Banks no longer issue old notes from their cashiers, and banknotes that reach banks are not returned to circulation but transferred to the National Bank for disposal.