Exchange Rates October 16: Dollar in Kiosks Drops to 45.13 UAH, Best Places to Buy and Sell Dollars and Euros

On Friday, October 16, the Ukrainian currency market shows moderate movement: the dollar has slightly dropped in exchange kiosks, while the buying rate for the euro has risen slightly. Specific prices for the American and European currencies vary significantly depending on the bank and the exchange channel—cash, mobile app, or cards. Below are the current quotes according to Minfin and individual banks, along with a breakdown of where it is most profitable to exchange currency today.

Exchange Kiosks: Dollar Drops, Euro Rises on Purchase

According to Minfin, on October 16, exchange kiosks are buying the dollar at an average of 45.00 UAH—5 kopecks cheaper than the previous day. The selling rate for the American currency decreased by 9 kopecks to 45.13 UAH. The European currency behaves differently: kiosks buy the euro at 50.65 UAH, which is 2 kopecks higher than on October 15, while the selling rate for the euro decreased slightly by 1 kopeck to 50.90 UAH. Thus, in the cash market, the dollar retreated slightly, while the euro, conversely, rose specifically in its buying rate.

PrivatBank and Oschadbank: Spread Across Exchange Channels

At PrivatBank, the dollar is sold in branches at 45.10 UAH—5 kopecks cheaper than on October 15, and for cards, the selling rate is 45.04 UAH, which is 20 kopecks lower than the previous day. The bank buys dollars from clients in branches at 44.50 UAH (5 kopecks lower than the previous figure), and for cards—at 44.65 UAH (5 kopecks lower). Euros in PrivatBank branches are sold at 50.80 UAH—5 kopecks higher; for cards, the selling rate remained unchanged at 50.76 UAH. Euro purchases in branches are at 49.80 UAH (5 kopecks higher), and for cards—at 50.10 UAH unchanged.

At Oschadbank, the dollar in 'Mobile Oschad' is sold at 45.10 UAH—5 kopecks cheaper than the day before, and for cards, the selling rate is 45.30 UAH (5 kopecks lower). The bank buys dollars in the app at 44.80 UAH—5 kopecks cheaper, and for cards—at 44.75 UAH, also 5 kopecks lower. Euros in 'Mobile Oschad' are sold at 50.65 UAH—5 kopecks cheaper; for cards, the selling rate decreased by 5 kopecks to 50.85 UAH. Euro purchases in the app remained unchanged at 50.10 UAH, while for cards, they decreased by 5 kopecks to 49.95 UAH.

PUMB and Monobank: Where to Buy and Sell More Profitably

At PUMB, the dollar in cash exchange is sold at 45.30 UAH—10 kopecks cheaper than the previous day, and the cash buying rate is 44.70 UAH (10 kopecks lower). At the commercial rate, the bank buys the dollar at 44.80 UAH—10 kopecks cheaper, and sells it at 45.30 UAH, also 10 kopecks lower. Euros in cash exchange at PUMB are sold at 50.90 UAH—10 kopecks higher than on October 15, and the buying rate for the European currency increased by 10 kopecks to 50.20 UAH.

At Monobank, the dollar is sold at 45.04 UAH—19 kopecks cheaper than the previous day, and the buying rate decreased by 15 kopecks to 44.70 UAH. Euros at Monobank are sold at 50.75 UAH, unchanged compared to October 15, while the buying rate for the European currency increased by 3 kopecks to 50.15 UAH.

Daily Summary: Best Buying and Selling Rates

Among the listed banks, the lowest dollar selling rate is offered by Monobank and PrivatBank for cards—at 45.04 UAH; in PrivatBank branches and 'Mobile Oschad', the American currency costs 45.10 UAH, and at Oschadbank for cards and PUMB (cash and commercial rates)—at 45.30 UAH. Euros can be purchased cheapest in 'Mobile Oschad'—at 50.65 UAH, followed by Monobank (50.75 UAH), PrivatBank for cards (50.76 UAH) and in branches (50.80 UAH), Oschadbank for cards (50.85 UAH), and PUMB (50.90 UAH).

The highest dollar buying rate is offered by Oschadbank via 'Mobile Oschad' and PUMB at the commercial rate—at 44.80 UAH; at Oschadbank for cards—44.75 UAH, at PUMB for cash exchange and Monobank—44.70 UAH, at PrivatBank—44.65 UAH for cards and 44.50 UAH in branches. It is most profitable to sell euros at PUMB for cash exchange—at 50.20 UAH, at Monobank—50.15 UAH, in 'Mobile Oschad' and PrivatBank for cards—at 50.10 UAH, at Oschadbank for cards—49.95 UAH, and in PrivatBank branches—49.80 UAH.

Forecast for the Coming Days

According to Taras Lesovoy, Director of the Financial Markets and Investment Department at Globus Bank, until October 18, the dollar exchange rate will range between 44.7–45.3 UAH on the interbank market and 44.8–45.4 UAH on the cash market, while the euro rate will range between 50–51.5 UAH on the interbank market and 50–52 UAH on the cash market. According to him, the market will be influenced not only by macroeconomic factors but also by a sense of danger amid new strikes and energy disruptions, which may prompt some citizens to instinctively seek additional protection for their savings.

Attention: this material is prepared for informational purposes only and does not constitute financial or investment advice. Investments involve risk, including the possibility of capital loss. Before making any financial decisions, it is recommended to independently check the current quotes at your bank.