About this pair
UAH/EUR: what to know
The UAH/EUR rate shows how much EUR you get for 1 UAH. Right now, 1 UAH buys 0.0194 EUR at the mid-market rate. In the other direction, 1 EUR is worth 51.5496 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while EUR responds to ECB policy and eurozone growth.
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. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
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.