The National Bank of Ukraine (NBU) has updated the official exchange rates for Tuesday, August 11, 2026. Against the backdrop of market volatility, the US dollar and the European euro demonstrated growth compared to the previous banking day. Experts attribute the current dynamics to the balance between domestic demand and foreign currency earnings from exports.
Official exchange rates for the dollar and euro
According to the regulator, the official exchange rate of the US dollar on August 11 was set at 44.83 hryvnias. This is 8 kopecks higher than the figure on August 10, when the dollar cost 44.75 UAH. Thus, after a brief decline the day before, the American currency has returned to growth.
The European currency showed a more significant increase. The official exchange rate of the euro on August 11 was 51.78 hryvnias, which is 17 kopecks more than the day before (51.61 UAH). The dynamics indicate that the European currency is currently under stronger pressure from demand than the dollar.
Influencing factors: exports and international aid
The situation in Ukraine's foreign exchange market in August 2026 depends on a complex combination of internal and external factors. Taras Lesovoy, Director of the Financial Markets and Investment Activities Department of Globus Bank, notes that the key challenge remains the decline in exports.
Experts cite Russian attacks on merchant vessels as the reason for the decrease in export shipments. "Lesser exports mean less inflow of foreign currency earnings to Ukraine," Lesovoy explained. This creates a shortage of foreign currency supply in the domestic market, which theoretically should put pressure on the hryvnia exchange rate towards weakening.
Contradictory data
On the one hand, the decline in exports creates risks for exchange rate stability due to the reduced supply of currency. On the other hand, experts do not see this factor as a direct threat to macroeconomic stability. Taras Lesovoy emphasizes that the reduction in foreign currency receipts from exports under current conditions is compensated by international financial aid. Thanks to this support mechanism, the currency shortage does not lead to sharp devaluation, keeping the market in a relatively stable state.
Forecast for the coming days
The foreign exchange market remains sensitive to the news background. In the near future, quotes will be influenced not only by the internal currency needs of businesses but also by the geopolitical situation affecting logistics and export opportunities. Despite the current rise in the dollar and euro exchange rates, the availability of significant volumes of international aid allows the regulator and experts to maintain cautious optimism regarding the stability of the hryvnia in the medium term.
