This opinion was expressed in a comment to RBK-Ukraine by economist and professor at the National University "Lviv Polytechnic," Oleksiy Druhov. This was reported by Kontrakty.UA.
"This transition will not affect the dollar or euro exchange rates at this time," he stated.
The expert added that such a change would require a long period. However, in the future, Oleksiy Druhov still recommends that citizens diversify their currency to protect their savings.
"This decision by the NBU will not impact either 2025 or 2026, but when it comes to the future, as people form their savings, it is not advisable to keep all savings in dollars; a 50/50 split (dollars and euros) would be the optimal solution," he believes.
Main Currency
Recall that the NBU may change the primary currency for exchange rate formation from the dollar to the euro. However, according to experts, this will not happen sooner than in three years.
Currently, the official exchange rate of the hryvnia to the US dollar is determined based on a series of transactions in the interbank currency market. The official exchange rates of other currencies are set by the NBU based on the official rate against the dollar and the cross rates of the respective foreign currencies.
Previously, the NBU stated that the currency structure of transactions in the foreign exchange market confirms the status of the US dollar as the primary currency for exchange rate formation. At the same time, in the segment of operations between banks and clients, the share of transactions in euros is trending upward. Specifically, in operations involving the purchase of non-cash currency by clients, the share of euro transactions remains above 40%.