Do not save money under the mattress: in which currency it is best to keep savings for their efficient use

In Ukraine, an increasing number of people are opting for US dollars and gold as investments, considering them more stable financial instruments. This is confirmed by both experts and data published by the National Bank of Ukraine.

According to financial analyst Andriy Shevchyshyn, it is now advantageous to accumulate dollars, as their exchange rate for the hryvnia is currently relatively low. Experts predict that by 2026, the dollar exchange rate could experience rapid growth.

Andriy Zablovsky, Chairman of the Secretariat of the Council of Entrepreneurs at the Cabinet of Ministers, also holds a similar position. He advises buying dollars during their fall, rather than pursuing the euro, whose course has reached its peak values. The sale of dollars without an urgent need is not recommended, while the euro can be sold at a profit if it was bought last year, which will yield more than 20% of the income.

Additionally, since the beginning of 2025, Ukrainians have been increasingly investing in gold. According to the NBU, the population has purchased approximately 230 kg of gold ingots, worth around $22.5 million. This indicates a change in trends – compared to last year, when gold was sold to purchase dollars, now Ukrainians are trying to buy it.

Zablovsky noted that the average weight is about 20 g, so about 11,500 ingots were sold in Ukraine. The price of gold has increased by 25% over the last six months, and experts do not rule out further increases in value.

Financial expert Oleg Pendzin advises that gold should be viewed as a long-term investment. The cost of one drain (10 g) ranges from 52 to 55 UAH, and the payback period can be up to ten years. He advises considering gold as an investment “bought and forgotten”, while short-term investments are advisable to make deposits or ATP for 90-100 days.

What to choose?

The US dollar is a key tool for portfolio diversification.
Gold – long-term inflation protection;
Euro – profitable for fast costs (travel, purchase);
Hryvnia – suitable for short-term investments in deposits and government bonds.
It is worth paying attention to the innovation in the rules of identification, as failure to comply with the requirements can result in the loss of a pension. It is also essential to note that not all $100 notes are subject to exchange, as there can be various issues. The tax service receives information about all your accounts – bank secrecy is no longer absolute protection.