The hryvnia against the euro lost 8.6% in value over the month, to UAH 29.78 per euro, the NBU said.
The devaluation of the hryvnia on the cash market in February 2016 was about 3% against the U.S. dollar and about 5% against the euro in the average weighted rate.
As UNIAN reported earlier, the weakest Ukrainian hryvnia was registered in February 2015 when its official forex rate hit a new historic peak of UAH 30.01 per U.S. dollar.
After the NBU in March 2015 introduced a number of limitations on the forex market and received a first tranche from the International Monetary Fund under a new Extended Fund Facility program, the national currency strengthened to UAH 21.5-23.5 per U.S. dollar, and remained at the level for more than nine months.
From the middle of January 2016, UAH/USD rates began to move to UAH 24-25 per U.S. dollar in January and to UAH 26-27 per U.S. dollar in February. Forex rates on the cash market and the black market hit UAH 27-29 per U.S. dollar.
