President of the Association of Ukrainian Banks Andriy Dubas predicts that the dollar exchange rate will be within 41.3-41.7 UAH per dollar by the end of 2024. He noted that there are several factors that could affect the exchange rate decline, including the receipt of foreign financial assistance, negotiations, and elections in the US.
Dubas emphasized that it is still possible to predict the dollar exchange rate for the end of 2024, but various factors may arise in 2025 that will significantly affect the exchange rate. He also emphasized that the exchange rate set in the budget is not a directive for the National Bank of Ukraine (NBU), which independently sets the hryvnia exchange rate to the dollar based on the purchase and sale of foreign currency.
Dubas noted that the hryvnia to dollar exchange rate is subject to constant fluctuations, both daily and seasonal. He noted that the government can plan the exchange rate in the budget, but the real exchange rate may differ by the end of the year.
Analyst Oleksiy Kozyrev believes that the dollar exchange rate on the cash market may reach the level of 42-43 UAH per dollar. According to him, the strengthening of the American currency on the international market, combined with the devaluation of the hryvnia in Ukraine, will lead to a gradual appreciation of the dollar.
