--- title: "Dollar drops, euro rises: NBU updates official exchange rates for November 5" description: "The National Bank set the official dollar exchange rate at 45.53 UAH (a drop of 13 kopecks) and the euro at 51.24 UAH (an increase of 19 kopecks) for November 5. An expert explained how currency fluctuations now affect fuel prices." date: 2026-11-04T14:21:31.489Z lang: en url: https://xab.info/en/posts/nbu-exchange-rates-dollar-euro-november-5 tags: [exchange-rates, nabu, usd-uah, eur-uah, fuel-prices, ukraine-economy] author: "Darya Fomina" publisher: "XAB.info" --- # Dollar drops, euro rises: NBU updates official exchange rates for November 5 ![Various euro banknotes and stock exchange charts with an analyst's hand](https://xab.info/media/2026/11/04/nabu-kurs-valyut-dollarevroe-5-noyabrya/nabu-kurs-valyut-dollarevroe-5-noyabrya-1.webp) ## Key Points - For November 5, the NBU set the dollar exchange rate at 45.53 UAH (−13 kopecks from November 4) and the euro at 51.24 UAH (+19 kopecks). - The dollar and euro showed divergent movements in the currency market. - According to expert estimates, a 1 UAH increase in the dollar exchange rate now adds about 60 kopecks to the price of a liter of fuel, instead of 80 kopecks as before. - With fuel prices around 110 UAH/liter, currency fluctuations have ceased to be the main pricing driver. The National Bank of Ukraine has revised the official exchange rates of foreign currencies against the hryvnia. A divergent movement of the two main currencies was recorded in the currency market: the US dollar showed a decline, while the European euro, on the contrary, strengthened. According to the NBU, for Thursday, November 5, the official dollar exchange rate is set at 45.53 UAH, which is 13 kopecks lower than the previous banking day's figure of 45.66 UAH, which was in effect on Wednesday, November 4. ### What happened to the dollar exchange rate The American currency continues to move near psychologically important marks. A decrease of 13 kopecks per day is a moderate correction after the dollar updated record highs against the hryvnia several times in previous weeks. Market participants, according to analysts' estimates, already perceive the level of 45 UAH per dollar not as a barrier, but as an intermediate mark that the market is striving for and that importers factor into their calculations. Thus, the current slight weakening of the dollar looks more like a local stabilization rather than a trend reversal. ### Euro shows opposite dynamics The European currency demonstrated the opposite movement during the same period. While on Wednesday, November 4, the official euro exchange rate was 51.05 UAH, for November 5 the National Bank set it at 51.24 UAH. The increase amounted to 19 kopecks. The divergent behavior of the dollar and the euro is typical for a period when the exchange rate is influenced by various factors: monetary policy expectations, import dynamics and export earnings, as well as seasonal currency flows between counterparties. ### How currency fluctuations affect fuel prices Changes in the official exchange rate directly affect the cost of fuel, but the relationship between these indicators has changed over time. Serhiy Kuyun, director of the A-95 consulting group, spoke about this in the RBC-Ukraine podcast "THIS IS BASE". According to him, previously, an increase in the dollar exchange rate by one hryvnia led to an increase in the price of a liter of fuel by approximately 80 kopecks. Now this proportion has shifted: one hryvnia in the US dollar exchange rate corresponds to about 60 kopecks in the cost of fuel. ### Expert opinion: the proportion has changed "Due to the fact that the cost of fuel has increased significantly and the digit capacity is now different, this proportion has shifted slightly. I think now one hryvnia in the dollar exchange rate is about 60 kopecks in the price of fuel," Kuyun explained. The expert emphasized that currency fluctuations are not always the determining factor in price changes: when the cost of fuel is about 110 hryvnias per liter, current exchange rate fluctuations are no longer the main driver of pricing. Logistics, excise tax burdens, distribution costs, and competition in the domestic market also begin to influence the price. ### Summary of the day Summing up, it can be noted that on November 5, the NBU recorded a moderate weakening of the dollar (to 45.53 UAH) and a simultaneous strengthening of the euro (to 51.24 UAH). For consumers and businesses, the key practical conclusion remains that the connection between the exchange rate and retail fuel prices has become less rigid: at high absolute fuel prices, the currency factor has given way to other pricing components. ## Fact-Check & Sources - [Доллар дешевеет после рекорда, евро дорожает: курс валют НБУ на 5 ноября](https://www.rbc.ua/ukr/news/dolar-deshevshae-pislya-rekordu-evro-dorozhchae-1793801210.html) - Primary source: NBU exchange rates for November 5 (dollar 45.53 UAH, euro 51.24 UAH) and comments from expert Serhiy Kuyun on the impact of the exchange rate on fuel prices. - [Доллар обвалился после рекорда, а евро резко полетел вверх: курс валют на 7 октября](https://glavred.info/economics/dollar-obvalilsya-posle-rekorda-a-evro-rezko-poletel-vverh-kurs-valyut-na-7-oktyabrya-10801955.html) - Contextual source: data on exchange rates for October 7 (dollar 44.94 UAH, euro 50.63 UAH) and analyst evaluation of perceiving the 45 UAH level as intermediate. Used for context only, not mixed with November 5 figures. ## FAQ ### What official dollar exchange rate did the NBU set for November 5? For November 5, the official dollar exchange rate is set at 45.53 UAH, which is 13 kopecks lower than the November 4 figure (45.66 UAH). ### How did the euro exchange rate change according to the NBU? The euro exchange rate rose from 51.05 UAH on November 4 to 51.24 UAH on November 5, an increase of 19 kopecks. ### Do currency rates affect fuel prices? Yes, but the relationship has changed: according to an expert, a one-hryvnia increase in the dollar exchange rate now adds about 60 kopecks to the price of a liter of fuel, compared to about 80 kopecks previously. ### Is the exchange rate the main factor in fuel prices? Not always. With fuel costing about 110 hryvnias per liter, current exchange rate fluctuations are no longer the main pricing driver.