Ukraine Real Effective Exchange Rate stands at 84.1 as of June 2026, down from 87.6 a year earlier. The reading sits in the 17th percentile of its history back to 1992.
| Latest (June 2026) | 84.1 |
| One year ago | 87.6 |
| 10-year range | 69.9 – 102.3 |
| All-time range | 43.8 (1993) – 238.0 (1994) |
| Standing | Lowest since 2018 |
| Change over 12 months | −3.6 — peaked at 88.5 in 2025 |
| Percentile vs. full history | 17th |
| History | 1992–2026 (403 observations) |
Ukraine's real effective exchange rate (REER): the trade-weighted value of its currency against its trading partners, adjusted for inflation differentials. A rising REER means the currency is getting more expensive in real terms — a headwind for exporters and, historically, for subsequent equity returns in that market; a REER well below its long-run average marks a cheap currency, which has tended to precede stronger returns for foreign investors. Values are an index (2010 = 100); the deviation from its own average matters more than the level, and the base year is arbitrary. This series uses the IMF's all-country trade weights rather than the BIS broad basket shown for larger markets, so the two are close but not interchangeable. Data: IMF effective exchange rate statistics.
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<a href="https://www.tacticalassetallocation.com/charts/ukraine-real-effective-exchange-rate-imf/">Ukraine Real Effective Exchange Rate — Cambria Chart Lab</a>
Data: download CSV (source: IMF effective exchange rates).