The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c
The hryvnia is the official currency of the Eastern European country Ukraine. Also called the hryvnya or grivna, it was introduced in 1996 to replace the karbovanets.
₴1, ₴2, ₴5, ₴10, ₴20, ₴50, ₴100, ₴200, ₴500
1, 2, 5, 10, 25, 50 kopiykas, ₴1
US Dollar to the Ukrainian Hryvnia for the last 10 years
1 USD =
How does the US dollar trade against the Ukrainian hryvnia historically?
The US dollar has been steadily growing against the Ukrainian hryvnia over the past decade. In the most recent years, starting from around 2015, the dollar has grown immensely against the hryvnia.
US Dollar to the Ukrainian Hryvnia for the last 10 months
1 USD =
US Dollar to the Ukrainian Hryvnia for the last 10 days
1 USD =
What affects USD > UAH exchange rates?
The policies of the Federal Reserve
When the Fed stops distributing dollars (as just one example), it restricts the money supply. Hence, demand goes up.
Economic uncertainty in the world
The US dollar is often seen as a safe investment, and it’s often purchased more aggressively during global crises.
Exports from Japan and China
Both countries buy dollars to stabilize their currencies. This helps them create cheaper exports, which in turn makes their exports more attractive to world buyers.
Ukraine’s ability to repay debts
The hryvnia saw significant depreciation in early 2015 in part because Ukraine’s international reserves were running very low.
The hryvnia lost value in the wake of recent military conflicts, like those between Ukrainian troops and separatists.
Send money from USD to UAH
Market rate for common transfer amounts USD to UAH
US Dollars (USD)
Ukrainian Hryvnia (UAH)
How much is traded between these currencies?
The US dollar is the most traded currency in the world — according to the Bank for International Settlements, the dollar is involved in about 88% of daily currency trades. Meanwhile, the Ukrainian hryvnia is involved in less than 1% of daily global trades.
Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
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