The amount of cash in circulation in Ukraine from January through September 2026 increased by 5%, or 46.7 billion hryvnia, to 973 billion hryvnia, according to the National Bank of Ukraine (NBU).
According to the regulator, cash was withdrawn from circulation in the first quarter, while demand for cash picked up in the second and third quarters, in line with traditional seasonal trends.
At the same time, the growth rate of cash volume slowed compared to the same period in 2025, when the increase over nine months was 8.2%.
An additional factor contributing to the increase in the volume of cash in the third quarter was the intensification of airstrikes on critical infrastructure, particularly in the energy, logistics, food, and telecommunications sectors.
As of October 1, 2026, there were 2.6 billion banknotes in circulation with a total value of 962.5 billion UAH, as well as 15.4 billion coins—excluding commemorative and investment coins—with a total value of 10.4 billion UAH.
Among banknotes, those with a denomination of 500 UAH accounted for the largest share by number—25.3%—while those with a denomination of 2,000 UAH accounted for the smallest share—0.01%. Since this denomination was first introduced into circulation on September 4, 400,000 such banknotes totaling 700 million UAH have entered circulation.
The highest growth rates over the first nine months of 2026 were recorded for 1,000-hryvnia banknotes and 10-hryvnia coins: their quantities in circulation increased by 12.1% and 19.1%, respectively.
Among coins in circulation, 1-hryvnia coins were the most numerous, while 5-hryvnia coins were the least: their shares accounted for 4.9% and 2.7%, respectively, of the total number of coins in circulation.
One year after the start of the gradual withdrawal of 10-kopeck coins from circulation, the NBU withdrew 7.8 million of them on October 1, 2025. As of October 1, 2026, they accounted for 26.7% of the total number of coins in circulation.
Coins with a denomination of 50 kopecks accounted for 9.1%, and demand for them from the retail and service sectors remained steady.
As previously reported, during the first half of 2026, the volume of cash in circulation increased by 4.8%, or 44.5 billion hryvnias, to 970.8 billion hryvnias.
The National Bank of Ukraine (NBU) reduced its interventions in the interbank market by $63.9 million, or 4.9%, that week—to $1 billion 248.8 million, according to statistics on the regulator’s website.
According to the National Bank, during the first four days of last week, the average daily negative balance of corporate foreign exchange transactions decreased to $156.6 million from $217.2 million during the same period the previous week, totaling $626.2 million.
In the retail foreign exchange market, the average daily net outflow decreased to $46.9 million compared to $50.5 million during the same period the previous week, with retail purchases of non-cash foreign currency exceeding sales every day.
The official hryvnia-to-dollar exchange rate strengthened over the past week from 44.9857 UAH/$1 to 44.8526 UAH/$1, although on Tuesday, October 6, it weakened to a historic low of 45.0564 UAH/$1.
In the cash market, the buying rate for the dollar weakened by 2 kopecks to 44.66 UAH/$1, while the selling rate strengthened by 2 kopecks to 45.09 UAH/$1.
In August 2026, the volume of foreign currency purchases by Ukrainian households exceeded the volume of sales by $0.45 billion in dollar terms, compared to $0.5 billion in July of this year and $0.36 billion in August 2025.
According to data from the National Bank, in August, compared to July, cash currency purchases decreased by $68.8 million—to $1.9327 billion—while sales decreased by $17.0 million, to $1.4846 billion.
The volume of cash dollar purchases by the public in August increased by $28.9 million to $1,352.1 million, while sales decreased by $56.1 million to $1,034.6 million.
In the cash euro market in August, purchases by the public, in dollar terms, decreased by $108.1 million to $499.8 million, while sales increased by $26 million to $367.6 million.
As for bank customers’ non-cash foreign exchange transactions, both purchases and sales increased in August compared to July: purchases rose by $164.9 million to $11.1925 billion, and sales rose by $144.6 million to $7.6579 billion. At the same time, the volume of interbank transactions decreased by $409.9 million to $8,183 million.
On an annual basis, the volume of non-cash foreign currency purchases by bank customers increased by $2,904.0 million, sales by $998.2 million, and interbank transactions by $2,000 million.
In August, the official hryvnia-to-dollar exchange rate strengthened by nearly 14 kopecks compared to July—to 44.55 UAH/$1—while against the euro, the hryvnia weakened by nearly 61 kopecks—to 51.88 UAH/EUR1.
The National Bank’s net foreign exchange interventions in August rose to $4 billion 815.7 million, an increase of $24.7 million compared to July and $2 billion 119.8 million compared to August 2025.
The National Bank of Ukraine (NBU) increased its interventions in the interbank market last week by $56.8 million, or 4.5%, to $1 billion 329.0 million, according to statistics on the regulator’s website.
According to the National Bank, during the first four days of last week, the average daily negative balance of currency purchases and sales by legal entities rose to $210.3 million from $195.0 million during the same period a week earlier, totaling $841.2 million.
In the retail foreign exchange market, the average daily net deficit nearly doubled: from Monday through Thursday, it stood at $46.6 million, compared to $24.6 million during the same period the previous week. Retail purchases of non-cash foreign currency exceeded sales every day.
The official hryvnia-to-dollar exchange rate at the beginning of last week was 44.5505 UAH/$1, and by the end of the week it had weakened to 44.7273 UAH/$1.
A similar trend was observed in the cash market, where the hryvnia’s exchange rate against the dollar weakened by 7–8 kopecks over the past week: the buying rate fell to 44.48 UAH/$1, while the selling rate fell to nearly 44.88 UAH/$1.
Foreign exchange interventions by the National Bank of Ukraine (NBU) on the interbank market in August remained close to July’s level, increasing by $24.7 million, or 0.5 percent, to $4.82 billion, according to data from the regulator’s website.
At the same time, the official hryvnia-to-dollar exchange rate strengthened by 0.3%, or 14 kopecks, in August, reaching 44.5505 UAH/$1 at the end of the month.
The volume of the National Bank’s interventions in the interbank market last week increased by 6.5%, or $77.9 million, compared to the previous week, reaching $1.27 billion.
According to the NBU, net interventions in August rose by 78.6%, or $2.12 billion, year-over-year.
From January through August, the regulator sold nearly $33.0 billion in foreign currency, which is 39.0%, or $9.25 billion, more than during the same period last year.
Over the 28 days of August, the average daily negative balance of legal entities’ currency purchase and sale transactions increased to $169.5 million from $151.8 million in July.
In the retail foreign exchange market, this figure rose from $19.4 million in July to $25.9 million in August.
The National Bank of Ukraine (NBU) reduced its interventions in the interbank market last week by $59.9 million, or 5.6%, to $1.0145 billion, according to statistics on the regulator’s website.
According to the National Bank’s data, during the first four days of last week, the average daily net deficit in currency purchases and sales by legal entities decreased to $140.9 million from $168.5 million during the same period a week earlier, totaling $563.7 million.
In the retail foreign exchange market, the average daily net deficit decreased: from Monday through Thursday, it stood at $9.2 million, compared to $11.6 million the week before last, and non-cash currency sales exceeded purchases on all those days.
The official hryvnia-to-dollar exchange rate, which started last week at 44.6676 UAH/$1, weakened to 44.8110 UAH/$1 by the end of the week.
The same trend was observed in the cash market, where the hryvnia-to-dollar exchange rate weakened by 12 kopecks over the past week: the buying rate fell to 44.51 UAH/$1, and the selling rate to nearly 44.90 UAH/$1.
