Forecast of the dollar exchange rate until the end of 2024 in Ukraine

The head of the Center for Domestic Policy Studies of the National Institute of Strategic Studies, Vyacheslav Potapenko, made a forecast regarding the dollar exchange rate in Ukraine until the end of 2024, claiming that it will not exceed the mark of 42 hryvnias per unit of currency.

Potapenko emphasized that the main factor affecting the official dollar exchange rate is the inflow of currency from abroad. He also noted several additional factors that may affect rate fluctuations, including negative expectations of the population regarding the energy situation, higher energy tariffs, and a seasonal decrease in agricultural exports. An important factor is also the influence of the upcoming presidential elections in the USA on the amount of military aid for Ukraine and the inflow of foreign currency.

Financial analyst Oleksiy Kozyrev added that by the end of the current week, the cash dollar rate in Ukrainian banks may fluctuate between UAH 39.95 and UAH 41.45 per dollar, and in exchange offices between UAH 40.1 and UAH 41.35 per dollar. Most exchangers plan to keep the difference between the bid and ask rates at 20 to 30 cents, although some may set spreads as high as 60 cents to the dollar.

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