Finance
15:28 9 March 2022
Post by: WBJ

Ukrainian refugees have a problem with the exchange of hryvnia

Ukrainian refugees have a problem with the exchange of hryvnia
Aleksander Pawlak, source: Newseria

Since the beginning of Russia's aggression against Ukraine, over 1.2 million refugees, mainly women, and children have reached Poland in less than two weeks. Everyone tries to exchange money to be able to function in Poland or the countries to which they are ultimately going.

"Most money changers do not want to buy the hryvnia, however, and if they do, it is at a drastically lowered exchange rate," Aleksander Pawlak, president of the board of Tavex, said.

The company he headed, declared that it would accept the Ukrainian currency at a fixed rate. Although it has no market value at present, the call to buy it has met with a great response as a form of humanitarian aid.

"The owners of the Ukrainian hryvnia have a very big problem with converting it into zlotys. No bank, no exchange office exchanges the hryvnia and certainly does not exchange the hryvnia at rates close to its real value. We buy and sell hryvnia at a rate of PLN 0.09 and are happy this has attracted a lot of attention," Aleksander Pawlak added.

The more and more refugees to Poland have mainly hryvnia to exchange. After Russia attacked Ukraine on February 24 in the morning, the exchange rate of this currency fell, and then it ceased to be valued. The last quote stopped at less than PLN 0.14, but it was losing before the aggression, from the moment when Russian troops were grouped at the border with Ukraine.

(Newseria


ukrainians
aleksander pawlak
tavex
refugees
hryvnia

More News

lifestyle

LifeStyle
1 month ago

Moët Hennessy Poland Expands to a Chic New Headquarters in Warsaw

LifeStyle
2 months ago

Monika Miller Announces Plans for Future Wedding

LifeStyle
2 months ago

Bibliotherapy Can Be an Effective Educational Tool

LifeStyle
3 months ago

Miss Polonia Balances Beauty, Responsibility, and Academic Pursuits

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start