The National Bank of Ukraine has recorded another jump in foreign currency exchange rates. As of January 8, 2026, the official euro exchange rate rose to 49.92 hryvnias, marking another record high.

Reasons for Currency Rate Increase

According to Taras Lesovyi, Director of Financial Markets and Investment Activities at Globus Bank, the main influencing factors are:

  • Excess demand over currency supply (around 10%)
  • Slight but controlled hryvnia devaluation
  • Emotional reaction of the population, who have begun to buy currency more actively

Exchange Rate Dynamics

During January 1-8, official exchange rates were:

  • US Dollar: increased from 42.35 to 42.72 hryvnias (+0.37 hryvnias)
  • Euro: rose from 49.79 to 49.92 hryvnias (+13 kopecks)

The banker predicts that by the end of January, the trend may change, and dollar demand could start to decline.