Euro Exchange Rate in Ukraine — What to Do with Currency Savings in the Summer.

Against the backdrop of the stabilization of the dollar, the euro exchange rate in Ukraine continues to rise to new record levels. Currently, there are no exact forecasts regarding a depreciation of the euro and whether it will occur in the summer of 2025.

As of July 8, 2025, the official exchange rate of the hryvnia to the euro was 49.02 hryvnias per euro unit. Experts indicate that the main currency in Ukraine is the dollar. The National Bank sets the exchange rate of the hryvnia to the US dollar daily.

Some factors influencing the growth of the euro exchange rate include US policy, trade wars, customs tariffs, and negative statements from US politicians regarding the operations of the Federal Reserve. The economic potential of the European Union countries and the monetary policy of the European Central Bank are also significant.

According to experts, there is no clear answer to the question of when the euro exchange rate may start to decline. However, the possibility of the euro weakening may arise due to various factors, such as US trade wars and government reactions to customs tariffs.

Ukrainians are advised to diversify their currency savings and allocate a certain portion in the national currency. The National Bank is making numerous decisions to make the hryvnia more attractive for investments.

Experts recommend refraining from purchasing euros due to the instability of exchange rates. Some currencies, such as the Swiss franc, Canadian dollar, or Japanese yen, can be an alternative to the dollar and euro for savings.

Ukrainian experts are not sure when the euro exchange rate may decrease, but remind of the importance of reasonable diversification of currency savings. It is recommended to refrain from buying euros and consider alternative currency options for preserving and increasing capital.