The currency has devalued by over 47 percent since the start of the year. Exchange rates today stood at:
UAH/USD - 15.50
UAH/EUR - 19.00
UAH/GBP - 24.00
But I'm sure it might have changed while I was writing this.
The NBU (National Bank of Ukraine) claimed today that the Hryvnia will not go any weaker than 16.00 to the USD. I would not gamble on it.
For those of us in business who need to purchase foreign currency for transactions it is beyond any joke.