Banks imported a record $1.12 billion in cash foreign currency in September

According to the National Bank of Ukraine (NBU), in September 2026 Ukrainian banks imported cash foreign currency equivalent to $1.12 billion, which is 52.3% more than in August and is the highest monthly figure so far this year.

Currency breakdown and dynamics

The largest share of imported currency was US dollars — $753.73 million, or 67.1% of the total volume; dollar shipments increased by 31.5% compared with August. Euros amounted to $365.45 million equivalent, or 32.6% of the total volume, and euro shipments rose by 126.6% month‑on‑month.

a bank teller counts dollars and euros

Other foreign currencies accounted for about $3.45 million, or 0.3% of the total volume. The increase in euro shipments was the most pronounced among currencies in September.

Volumes for January–September and impact on the exchange rate

For January–September 2026 banks imported approximately $7.34 billion in cash foreign currency, which is 10.7% less than in the same period last year. The sharp rise in shipments in September has occurred against a backdrop of growing public demand for foreign currency and a weakening hryvnia.

exchange point with an electronic rate board and customers

These changes are reflected in exchange rates: the availability of cash and exchange rates at bureaux de change and banks, card transactions and the value of savings in hryvnia may adjust depending on supply and demand. If elevated demand for cash foreign currency persists, banks’ import volumes in October–November could also remain high.

Anastasiia Pavlova

Anastasiia Pavlova

Journalist, currency market

Journalist at Concord Fintech. She covers the currency market, exchange rates, the interbank market, prices and tariffs, as well as investments and stock markets, explaining in plain words what is happening with the hryvnia and how it affects savings and spending.

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