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BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·
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Ukrainian Hryvnia

UAH · Ukraine

50
High
Risk
Historical Scores
475460Jul 2021Jul 2023May 2026
What does this mean for you?

The Ukrainian Hryvnia is under significant pressure, scoring 50 out of 100. This isn't a crisis yet, but things are moving in the wrong direction. If you're saving in this currency, you need to be paying attention — your purchasing power is being eroded.

You need at least 8.0%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
6.5%
Debt / GDP
58.7%
GDP Growth
2.9%
FX Volatility
16.0
Governance
Not available
Reserves
5.0 mo
Analysis
What's working well
Limited positive signals
What to watch out for
Banks are struggling — 37% of loans aren't being repaid
Restrictions on moving your money out of the country
Full Ukraine analysis →

Savings Impact Calculator

₴
Holding cash in UAH6.5% inflation
₴730−₴270 (27% purchasing power lost)
Your ₴1,000 buys 27% less in 5 years
What if you invested ₴1,000 instead? (5yr, in UAH terms)
USD-denominated assets gain an additional ~3.5%/yr from expected UAH depreciation vs USD
Hold USD Cash
₴1025
+₴25
+0.5%/yr net in UAH
S&P 500
₴1884
+₴884
range: ₴881–₴3642
10% USD return + 3.5% FX · ±16% vol
Gold
₴1724
+₴724
range: ₴513–₴4568
8% USD return + 3.5% FX · ±24% vol
Bitcoin
₴3504
+₴2504
range: ₴230–₴20.2k
25% USD return + 3.5% FX · ±54% vol

All values in UAH. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~3.5%/yr based on the inflation differential between Ukraine (6.5%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how UAH ranks differently.
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