Exchange Rates
Official NBU exchange rate at moment of introduction UAH 1.76/USD 1.
In the period from 21 April 2005 through 21 October 2008 the exchange rate was pegged at around UAH 5/USD 1. In 2008 when global financial crisis hit, the hryvnia was devalued to about 8/USD 1. Because of known economic problem called impossible trinity, having a fixed exchange rate and free movements of capital (i.e. cross-border lending) have undermined National Bank of Ukraine's ability to conduct independent monetary policy.
| Current UAH exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD RUB |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD RUB |
| From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD RUB |
| From OANDA.com: | AUD CAD CHF EUR GBP HKD JPY USD RUB |
| From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD RUB |
Exchange rates in Ukrainian cash currency exchangers USD/UAH EUR/UAH RUB/UAH
"Official exchange rate". National Bank of Ukraine. http://www.bank.gov.ua/kurs/engl/last_kurs1.htm.
"Historical exchange rates". National Bank of Ukraine. http://www.bank.gov.ua/Fin_ryn/OF_KURS/Currency/SearchPeriod.aspx.
Read more about this topic: Ukrainian Hryvnia
Famous quotes containing the words exchange and/or rates:
“I know nothing which life has to offer so satisfying as the profound good understanding, which can subsist, after much exchange of good offices, between two virtuous men, each of whom is sure of himself, and sure of his friend. It is a happiness which postpones all other gratifications, and makes politics, and commerce, and churches, cheap.”
—Ralph Waldo Emerson (1803–1882)
“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)