About this pair
UAH/USD: what to know
The UAH/USD rate shows how much USD you get for 1 UAH. Right now, 1 UAH buys 0.0225 USD at the mid-market rate. In the other direction, 1 USD is worth 44.4420 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while USD responds to Fed policy, US growth and global risk appetite.
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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
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.