About this pair
EUR/UAH: what to know
The EUR/UAH rate shows how much UAH you get for 1 EUR. Right now, 1 EUR buys 51.5448 UAH at the mid-market rate. In the other direction, 1 UAH is worth 0.0194 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while UAH responds to the economic situation and international support.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.