Exchange rates as of March 24: The dollar has stabilized, while the euro has continued to rise
24 March 07:37
The National Bank of Ukraine has set the official exchange rates for Tuesday, March 24. Following fluctuations in recent weeks, the dollar exchange rate has now stabilized, while the euro has shown a slight increase.
This is evidenced by updated data from the National Bank of Ukraine, reports "Komersant Ukrainian"
Dollar exchange rate as of March 24
The official US dollar exchange rate as of March 24 is 43.82 UAH per dollar. Compared to the previous day, the rate has not changed, indicating a temporary stabilization of the currency market.
At the same time, on the cash market, the dollar fell slightly—by about 10 kopecks—to 43.05 UAH.
Euro exchange rate as of March 24
The European currency continued to rise. The National Bank set the euro exchange rate at 50.88 UAH.
For comparison, on March 23, the official rate was 50.67 UAH, meaning the euro rose by 21 kopecks.
What’s happening in the currency market
Experts note that the stabilization of the dollar exchange rate may be linked to the balance of supply and demand in the interbank market, as well as the NBU’s monetary policy.
At the same time, the euro exchange rate traditionally depends on the global dynamics of the euro/dollar pair in international financial markets.
What to expect from exchange rates
Financial analysts note that in the near future, exchange rates will depend on:
- international financial aid to Ukraine
- the situation in export markets
- the inflation rate
- the National Bank’s policy
