NBU will revise the rules for calculating the official exchange rate of the hryvnia.

Rules for calculating the official exchange rate of the hryvnia
Rules for calculating the official exchange rate of the hryvnia

The National Bank of Ukraine will introduce a new approach to determining the official exchange rate of the hryvnia starting March 31, 2025, to improve efficiency and simplify currency transactions. The changes involve a transition to a single daily list of currencies from which the official exchange rate of the hryvnia will be calculated for the first group currencies of the Classifier and for the currencies of countries that have 95% of trade turnover with Ukraine. This list will be reviewed every three years with the possibility of extraordinary adjustments.

In particular, currencies that were previously calculated monthly, such as the Algerian dinar, baht, UAE dirham, and others, will now be calculated daily. Currencies such as the Russian ruble, Belarusian ruble, and others have been excluded from the list for the formation of the official exchange rate.

These changes are aimed at increasing the transparency and efficiency of currency operations and bringing the banking system closer to international standards.

The innovations will come into effect on March 31, 2025.

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