Currency fluctuations continue: Dollar and euro exchange rates as of May 6
6 May 07:51
The National Bank of Ukraine has set the official exchange rates for Wednesday, May 6, 2026. After a brief rise, the dollar fell again and dropped back below the 44 UAH mark. The euro also continued to decline. This is evidenced by updated data on the regulator’s website, according to "Komersant Ukrainian"
Dollar exchange rate as of May 6
On Wednesday, May 6, the National Bank set the official dollar exchange rate at 43.96 UAH.
Compared to the previous day, the U.S. currency fell by 4 kopecks. On Tuesday, May 5, the official dollar exchange rate was 44.00 UAH.
On the cash market, the dollar also fell. According to the data provided, it dropped by 5 kopecks to 43.70 UAH.
Euro exchange rate as of May 6
The European currency continued to depreciate. On May 6 , the NBU set the official euro exchange rate at 51.39 UAH.
On Tuesday, May 5, the euro was worth 51.45 UAH. Thus, the European currency lost 6 kopecks over the course of the day.
Official NBU exchange rates as of May 6
| Currency | NBU exchange rate as of May 6 | Change |
|---|---|---|
| US Dollar | 43.96 UAH | -4 kopecks |
| Euro | 51.39 UAH | -6 kopecks |
What’s happening with the hryvnia
After a one-day rise in the dollar, the hryvnia has partially strengthened against the U.S. currency again. At the same time, the euro continues to decline for the second day in a row.
Such fluctuations may be related both to the situation on the Ukrainian currency market and to the dynamics of the euro/dollar pair on international markets. If the euro weakens against the dollar globally, this is often reflected in the official exchange rate of the hryvnia against the European currency.
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Why exchange rates fluctuate
Ukraine operates a managed floating exchange rate regime. This means that the National Bank does not keep the hryvnia at a fixed level but smooths out sharp fluctuations in the foreign exchange market.
The exchange rate is influenced by:
- demand for foreign currency from businesses and the public;
- currency supply from exporters;
- the situation in the interbank market;
- the volume of international financial assistance;
- budget payments;
- inflation expectations;
- global currency trends.
What happened to the exchange rate the day before
On May 5, the dollar rose to 44.00 UAH, gaining 9 kopecks. Meanwhile, the euro fell to 51.45 UAH that day.
By May 6, both major currencies had fallen: the dollar to 43.96 UAH, and the euro to 51.39 UAH. In other words, the currency “roller coaster” continues: after a brief spike, the dollar fell again, while the euro continued its decline.
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