The National Bank of Ukraine and the International Monetary Fund predict further devaluation hryvnia for 2025 years. Also, many Ukrainians, in order to save their money, are thinking about buying foreign currency.
About which currency is the best for saving money over the course of the day – read in the journalist's review RBC-Ukraine Alika Sakhna.
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Advantages of investing in the American dollar
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Why Next invest in the euro
The National Bank of Ukraine (NBU) yesterday, 9 September, again moved the dollar exchange rate to the hryvnia. The dollar reached its fifth historical high – up to 42.28 hryvnia/dollar.
The European currency is still far from its peak levels, which it reached last fall – 43.55 hryvnia/euro. Everything could change in the near future.
Investment benefits in the American dollar
Financial analyst Andriy Shevchyshyn recommends investing in the US dollar in the short term, and in the future in the euro. In my opinion, the dollar will increase in the first half of the year, and the euro may become lost in the other half, but everything will lie due to the development of the situation in the region.
“For the first month and the coming months, I would recommend investing in the dollar. The euro looks to be gaining more for the euro, and the remaining euros are under pressure. I respect that the active phase of the war in Ukraine will end in The first half of this fate. Therefore, based on this scenario, we can say that the euro will be under pressure for the most part. peaceful pleasures, “The euro will continue to appreciate the dollar,” the expert confirms.
Shevchyshin adds that the hryvnia will be weak in the first quarter, but in another there may be stabilization for the war. activity in the agricultural sector. Next spring, the hryvnia may begin to weaken again, although it will not be as active as in the first half of the year.
“Just a note: in the first three months of 2025, the rock has a dollar value. Further, the remains of Ukraine will move until the changes, Europe will be more economical. This will support the euro in the other half of the rock, and so The euro may gain more, the lower dollar. In this case, the hryvnia will weaken in all scenarios. But you will need to keep an eye on the situation,” a financial analyst. Vin I would like to clarify that if the war lasts until 2026, then we will invest in the euro, which will be lost under pressure, and the dollar will outweigh the euro currency throughout the future.
“The forecast for the exchange rate of the hryvnia and the dollar is that it may reach 43-44 hryvnia per dollar and stabilize at 45 until the summer. As fate would have it, the exchange rate may rise to 47 hryvnia per dollar. As for the euro, it is expected that the exchange rate will fluctuate around 45 hryvnia, with the potential for adjustment to 1.05 or even 1.01 per dollar,” predicts Andriy Shevchyshyn.
Financial analyst of the ICU group Mikhailo Demkov, commenting on RBC-Ukraine, assumes that the dollar in 2025 will appreciate in line with most currencies of the world, the local currency and the euro. In our words, with a little thought, we can achieve parity between the two most popular currencies in the world.
“In 2025, the US Federal Reserve System will be cautious in lowering rates. At the same time, the new US President Donald Trump is pursuing a policy that can cause inflation and persistently high rates in the economy. investors, as a result of which we expect the dollar exchange rate to increase. At the same time, the European Central Bank is gradually lowering rates, through which the euro exchange rate will weaken to the dollar,” says the expert.
For your words, geeks In such a situation, as of now, investing in the dollar in 2025 looks more profitable than in the euro.
Why should you invest in the euro
At the same time, a director with an investment company Capital Times Artem Shcherbina has other thoughts. In a commentary for RBC-Ukraine, Shcherbina conveys the repeated policies of the 47th US President Donald Trump regarding the dollar, as during his first term there were 8 reasons for this.
“Now, as for me, a similar situation is emerging to the one that existed before Trump’s inauguration in the first term of 2017. Also, everyone was talking about the weakness of the Euro and those that Trump will come and the dollar will be super strong. It turned out that in the first year of his presidency, Donald Trump immediately said that he was against a strong dollar and that the dollar in the first year of his presidency showed the strongest dynamics in the last 20 years,” then all currencies besides the dollar grew. respect Artem Shcherbina.
He adds that Trump is not happy with the high monthly wage rate in the United States. Therefore, according to Shcherbinya, the Federal Reserve System of the United States expects to reduce them, which will lead to a drop in the yield of dollar assets, which will directly impact the dollar.
The expert predicts that the euro may surpass the psychological mark of 50 hryvnia. Good dollar, Shcherbina respects that the average exchange rate through 2025 will not exceed 44 hryvnia. However, until the end of the day, the hryvnia will weaken further to the level of 46 per US dollar. This forecast is based on the assumption that the war may last for a long time.
“It is clear that the possibility of the end of the war in our country is still alive, and there is a lot left to be determined by the policies of our international partners. Therefore, economic trends in 2025 will undoubtedly be similar to those we expected in 2024. However, the economy will no longer grow at the level of 4-5%, as in on the cob of bygone fate,”
He also adds that the 2025 financial river will be quite stable and predictable. However, according to Shcherbinya, in 2026, the financial assistance to Ukraine will significantly change, which will cause greater fluctuations in the rate of the national currency.
Gidno s According to the published IMF forecast, the average exchange rate in 2025 will become 45 hryvnia/dollar. The head of the National Bank of Ukraine, Andriy Pishny, noted that the dollar exchange rate in 2025 “will not go up in space.” In other words, an important factor in the stability of the Ukrainian currency will be gold and foreign exchange reserves, which at the end of 2025 are expected to amount to approximately 41 billion dollars.
We also remember about investments in Ukraine bonds. How to buy OVDP and how much you can earn on it, read in our material for instructions.
When preparing the material, comments for RBC-Ukraine from financial analysts Andriy were used. Shevchishina and ICU group Mikhailo Demkiv, director of the investment company Capital Times Artem Shcherbinya, as well as data from the National Bank.