--- title: "NBU Raises Official Dollar Exchange Rate to UAH 45.00: What Is Influencing Ukraine's Currency Market" description: "The National Bank of Ukraine set the official dollar exchange rate at UAH 45.00 and the euro at UAH 50.53 for October 20. Both currencies rose in price amid pressure on the currency market from businesses and importers." date: 2026-10-19T12:59:42.985Z lang: en url: https://xab.info/en/posts/nbu-currency-rates-october-20-2026 tags: [nbu, exchange-rate, dollar, euro, ukraine-economy] author: "Darya Fomina" publisher: "XAB.info" --- # NBU Raises Official Dollar Exchange Rate to UAH 45.00: What Is Influencing Ukraine's Currency Market ![Trading charts on a monitor and a stack of US dollars with Franklin's portrait](https://xab.info/media/2026/10/19/nbu-kurs-valyut-20-oktyabrya-2026/nbu-kurs-valyut-20-oktyabrya-2026-1.webp) ## Key Points - The official dollar exchange rate for October 20 is set at UAH 45.00 (+14 kopecks compared to October 19). - The official euro exchange rate for October 20 is UAH 50.53 (+4 kopecks compared to the previous day). - Market pressure is driven by business expenses for restoration and backup power following attacks. - Higher fuel prices and supply complications increase currency demand from importers. The National Bank of Ukraine has updated the official exchange rates for Tuesday, October 20, 2026. Compared to the previous banking day, both major currencies—the US dollar and the euro—demonstrated growth. The regulator recorded an increase in quotes amid ongoing pressure on the foreign exchange market related to business and importer expenses. ### New Official Exchange Rates for October 20 On Tuesday, October 20, the NBU set the official dollar exchange rate at UAH 45.00 per unit. This is 14 kopecks higher than the figure for Monday, October 19, when the rate was UAH 44.86. The official euro exchange rate also rose: for October 20, it is set at UAH 50.53, which is 4 kopecks more than the previous day's value of UAH 50.49. Thus, both currencies increased in price, albeit with different dynamics. ### Why the Dollar and Euro Are Getting More Expensive According to Taras Lesovoy, Director of the Financial Markets and Investment Activity Department at Globus Bank, additional pressure on the foreign exchange market is created by the consequences of Russian attacks on Ukrainian businesses. Enterprises are forced to spend more funds on backup power, the restoration of damaged facilities, changing logistical routes, and building up reserves. These additional costs affect the economics of companies and can subsequently be partially reflected in prices, tying inflation pressure more closely to currency pressure. ### Fuel and Importer Demand A separate factor, according to the banker's assessment, is the situation with fuel. Its appreciation or the complication of supplies can increase the demand for foreign currency from energy importers. This further fuels demand for foreign currency and supports its quotes at an elevated level. ### The Role of the National Bank in Market Stabilization Under these conditions, one of the key factors for the stability of the currency market next week will be the National Bank's ability to respond in a timely manner to demand and smooth out its impact on the exchange rate. It is the regulator's actions to balance supply and demand that determine how smooth the dynamics of official and cash exchange rates will be in the coming banking days. ## Fact-Check & Sources - [Доллар и евро прибавили в цене: официальный курс валют от НБУ на 20 октября](https://www.rbc.ua/ukr/news/dolar-i-evro-dodali-tsini-ofitsiyniy-kurs-1792414473.html) - Primary source: dollar rate UAH 45.00 (+14 kop.), euro UAH 50.53 (+4 kop.), comment by T. Lesovoy on market pressure factors. - [Доллар и евро прибавили в цене: курс НБУ на 7 августа и ожидается ли повышение спроса на валюту](https://www.rbc.ua/ukr/news/dolar-i-evro-dodali-tsini-kurs-nbu-7-serpnya-1786023870.html) - Первоисточник: курс доллара 45,00 грн (+14 коп.), евро 50,53 грн (+4 коп.), комментарий Т. Лесового о факторах давления на рынок. - [Доллар и евро резко пошли в крутое пике: новый курс валют на 13 августа](https://glavred.info/economics/dollar-i-evro-rezko-poshli-v-krutoe-pike-novyy-kurs-valyut-na-13-avgusta-10787876.html) - Подтверждено по источнику glavred.info - [Доллар и евро готовят новое движение: курс валют на 25 августа](https://focus.ua/economics/765564-kurs-valyut-v-ukraine-dollar-i-evro-izmenilis-kakim-budet-kurs-25-avgusta) - Подтверждено по источнику focus.ua ## FAQ ### What official dollar exchange rate did the NBU set for October 20? The official dollar rate for October 20 is UAH 45.00, which is 14 kopecks higher than the figure on October 19 (UAH 44.86). ### How much is the euro according to the NBU official rate on October 20? The official euro rate for October 20 is set at UAH 50.53, 4 kopecks higher than the previous day (UAH 50.49). ### What factors, according to experts, are putting pressure on the currency market? According to Taras Lesovoy from Globus Bank, these are business expenses for restoration and backup power after attacks, as well as rising fuel prices and supply complications that increase importer demand.