Exchange rates effective from May 8 have been announced

The Central Bank of Uzbekistan has announced new exchange rates to the public, effective from May 8, 2025. As always, the rates were determined based on the real situation in the market, and significant changes were noted in some major currencies.

The US dollar continues to decline

According to the Central Bank, the US dollar exchange rate decreased by 14.77 soums, to 12,910.15 soums. This is considered a continuation of the dollar's downward trend in recent weeks. Some economists believe that this situation may have a positive effect on the prices of imported products.

Euro is strengthening

The currency of the European Union, the euro, appreciated by 40.10 soums this week and amounted to 14,660.77 soums. This change indicates that the euro is still maintaining a strong position in global markets. This information is important for citizens involved in tourism, imports and international transfers.

Pound sterling is also growing

The British currency, the pound sterling, continued to grow this week and amounted to 17,213.10 soums (+2.28). Such stability in the pound is especially relevant news for entrepreneurs operating in trade relations with Great Britain.

A slight decline was observed in the Russian ruble

The Russian ruble, on the other hand, depreciated by 0.16 soums and was set at 159.78 soums. This change in the ruble may be related to global influences on the Russian economy.

Kazakhstani tenge almost unchanged

The national currency of neighboring Kazakhstan, the tenge, also fell slightly this week to 25.09 soums (-0.03). This change is almost decentralized, and in practice the exchange rate remains stable.

In conclusion

These updated Central Bank rates may affect international trade, tourism and investment activities this week. Citizens and entrepreneurs involved in currency exchange, international money transfers and foreign currency deposits are advised to pay special attention to these rates.

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