The National Bank of Ukraine has updated the official currency rates for Monday, August 24, 2026. Both key foreign currencies — the US dollar and the euro — are starting the new week with an increase in value against the hryvnia. Below are the rates set by the NBU and the key factors that, according to experts, may influence the currency market in the coming weeks.
Official NBU rates for August 24
According to RBK-Ukraine, on August 24, the National Bank set the US dollar rate at 44.65 UAH. Compared to the previous working day, August 21, the American currency rose by 4 kopecks. Thus, the dollar continues a slow but steady rise against the backdrop of sustained demand from the population and businesses.
Euro updates local maximum
The euro rate also rose: on August 24, it was set at 52.24 UAH, which is 11 kopecks higher than on August 21. Thus, the European currency is updating its local maximum. The euro's dynamics noticeably outpace the dollar in terms of daily growth, indicating a shift of some currency demand towards the euro.
Infrastructure risks as a key market driver
As Taras Lesovoy, Director of the Financial Markets and Investment Activities Department at Globus Bank, notes in a comment for RBK-Ukraine, one of the key factors for the currency market will remain the consequences of Russian attacks on infrastructure. Damage to warehouses, gas stations, production facilities, and other objects increases business costs: companies have to change routes, find backup capacity, and spend more on transportation and restoration. According to the expert, part of these costs may gradually be reflected in the cost of goods and services, and in some segments, prices could rise by 5–7%.
Inflation expectations and population behavior
According to Lesovoy, the accumulated effect of rising costs may manifest more strongly already in September. If monthly inflation in August is around 1–1.5%, the annual figure could exceed 8% again. Accelerating price growth could also influence population behavior, including increasing demand for foreign currency as a savings tool, which further supports exchange rate pressure.
Contradictory data
Publications from various media outlets contain different formulations regarding the current level of the euro. Some sources (including those citing data from August 21) characterize the euro rate as a 'record' or 'historical high,' whereas in the official NBU review for August 24, the European currency is described as updating a 'local maximum.' Furthermore, some materials are dated August 21 and reflect the rate for that day, whereas the values of 44.65 UAH for the dollar and 52.24 UAH for the euro refer to the official rate for August 24. The difference in figures between the two days is 4 kopecks for the dollar and 11 kopecks for the euro, which aligns with the stated dynamics; however, the terminological discrepancy ('record' vs. 'local maximum') requires readers to consider the date and context of the specific publication.
Warning: This material is prepared for informational purposes only and does not constitute financial or investment advice. Investing involves risk, including the possibility of losing all capital. The publication is not responsible for financial decisions made based on this material. Before making investment decisions, it is recommended to consult a licensed financial advisor.
