Ukraine's Biggest Takeaway from the 2026 Olympic Games
Blog home
Living Abroad
Stories

Olympic Games 2026: Ukraine’s biggest performance lesson

6 min read
Calculator placeholder

Send from

Enter the country or currency you want to send money from.

Popular

All countries

EUR Albania
EUR Austria
EUR Belgium
EUR Bulgaria
EUR Switzerland
EUR Cyprus
CZK Czech Republic
EUR Czech Republic
EUR Germany
DKK Denmark
EUR Denmark
EUR Estonia
EUR Spain
EUR Finland
EUR France
GBP United Kingdom
EUR United Kingdom
EUR Greece
EUR Croatia
HUF Hungary
EUR Hungary
EUR Ireland
ISK Iceland
EUR Iceland
EUR Italy
EUR Liechtenstein
EUR Lithuania
EUR Luxembourg
EUR Latvia
EUR Monaco
EUR Moldova
EUR Montenegro
EUR Macedonia
EUR Malta
EUR Netherlands
NOK Norway
EUR Norway
PLN Poland
EUR Poland
EUR Portugal
RON Romania
EUR Romania
SEK Sweden
EUR Sweden
EUR Slovenia
EUR Slovakia
EUR San Marino
TRY Turkey

Exchange Rate

– – –

GBP 1 = NGN 2030.28232

Transfer Fee

Free – – – 0.99 0.99 USD

Receiver gets

Enter the country or currency you want to receive money in.

Popular

All countries

EUR Andorra
USD Andorra
AED United Arab Emirates
USD United Arab Emirates
USD Anguilla
XCD Anguilla
ALL Albania
USD Albania
EUR Albania
AMD Armenia
EUR Armenia
USD Armenia
AOA Angola
USD Angola
EUR Austria
USD Austria
AUD Australia
USD Australia
AWG Aruba
USD Aruba
AZN Azerbaijan
EUR Azerbaijan
USD Azerbaijan
BBD Barbados
USD Barbados
BDT Bangladesh
EUR Belgium
USD Belgium
USD Burkina Faso
XOF Burkina Faso
EUR Bulgaria
USD Bulgaria
BHD Bahrain
USD Bahrain
BMD Bermuda
USD Bermuda
BND Brunei Darussalam
USD Brunei Darussalam
BOB Bolivia
USD Bolivia
BRL Brazil
BSD Bahamas
USD Bahamas
BTN Bhutan
USD Bhutan
BWP Botswana
USD Botswana
BZD Belize
USD Belize
CAD Canada
CHF Switzerland
EUR Switzerland
USD Switzerland
NZD Cook Islands
USD Cook Islands
CLP Chile
USD Chile
USD Cameroon
XAF Cameroon
USD China
COP Colombia
USD Colombia
CRC Costa Rica
USD Costa Rica
ANG Curaçao
USD Curaçao
EUR Cyprus
USD Cyprus
CZK Czech Republic
EUR Czech Republic
USD Czech Republic
EUR Germany
USD Germany
DJF Djibouti
USD Djibouti
DKK Denmark
EUR Denmark
USD Denmark
USD Dominica
XCD Dominica
DOP Dominican Republic
USD Dominican Republic
DZD Algeria
USD Algeria
USD Ecuador
EUR Estonia
USD Estonia
EGP Egypt
EUR Spain
USD Spain
ETB Ethiopia
USD Ethiopia
EUR Finland
USD Finland
FJD Fiji
USD Fiji
USD Micronesia
EUR France
USD France
USD Gabon
XAF Gabon
GBP United Kingdom
EUR United Kingdom
USD United Kingdom
USD Grenada
XCD Grenada
GEL Georgia
EUR Georgia
USD Georgia
GHS Ghana
USD Ghana
GIP Gibraltar
USD Gibraltar
GMD Gambia
USD Gambia
USD Equatorial Guinea
XAF Equatorial Guinea
EUR Greece
USD Greece
USD Guam
GYD Guyana
USD Guyana
HKD Hong Kong
USD Hong Kong
HNL Honduras
USD Honduras
EUR Croatia
USD Croatia
HUF Hungary
EUR Hungary
USD Hungary
IDR Indonesia
USD Indonesia
EUR Ireland
ILS Israel
USD Israel
INR India
USD India
EUR Iceland
USD Iceland
EUR Italy
USD Italy
JMD Jamaica
USD Jamaica
JPY Japan
USD Japan
KES Kenya
USD Kenya
KGS Kyrgyzstan
EUR Kyrgyzstan
USD Kyrgyzstan
KHR Cambodia
USD Cambodia
AUD Kiribati
USD Kiribati
KMF Comoros
USD Comoros
USD Saint Kitts and Nevis
XCD Saint Kitts and Nevis
KWD Kuwait
USD Kuwait
KYD Cayman Islands
USD Cayman Islands
KZT Kazakhstan
EUR Kazakhstan
USD Kazakhstan
USD Saint Lucia
XCD Saint Lucia
EUR Liechtenstein
LKR Sri Lanka
USD Sri Lanka
LSL Lesotho
USD Lesotho
EUR Lithuania
USD Lithuania
EUR Luxembourg
USD Luxembourg
EUR Latvia
USD Latvia
MAD Morocco
USD Morocco
EUR Monaco
MDL Moldova
EUR Moldova
USD Moldova
EUR Montenegro
MGA Madagascar
USD Madagascar
EUR Macedonia
MKD Macedonia
USD Macedonia
MNT Mongolia
USD Mongolia
EUR Martinique
MRU Mauritania
USD Mauritania
EUR Malta
USD Malta
MUR Mauritius
USD Mauritius
MVR Maldives
USD Maldives
MWK Malawi
USD Malawi
MXN Mexico
USD Mexico
MYR Malaysia
USD Malaysia
MZN Mozambique
USD Mozambique
NAD Namibia
USD Namibia
USD Niger
XOF Niger
NGN Nigeria
EUR Netherlands
USD Netherlands
NOK Norway
EUR Norway
USD Norway
NPR Nepal
USD Nepal
NZD New Zealand
USD New Zealand
OMR Oman
USD Oman
USD Panama
PEN Peru
USD Peru
PGK Papua New Guinea
USD Papua New Guinea
PHP Philippines
USD Philippines
PKR Pakistan
USD Pakistan
PLN Poland
EUR Poland
USD Poland
USD Puerto Rico
EUR Portugal
USD Portugal
PYG Paraguay
USD Paraguay
QAR Qatar
USD Qatar
EUR Reunion
RON Romania
EUR Romania
USD Romania
RWF Rwanda
USD Rwanda
SAR Saudi Arabia
USD Saudi Arabia
SBD Solomon Islands
USD Solomon Islands
SCR Seychelles
USD Seychelles
SEK Sweden
EUR Sweden
USD Sweden
SGD Singapore
USD Singapore
EUR Slovenia
USD Slovenia
EUR Slovakia
USD Slovakia
EUR San Marino
USD San Marino
USD Senegal
XOF Senegal
SRD Suriname
USD Suriname
USD El Salvador
SZL Eswatini
USD Eswatini
USD Chad
XAF Chad
USD Togo
XOF Togo
THB Thailand
USD Thailand
TJS Tajikistan
EUR Tajikistan
USD Tajikistan
USD Timor-Leste
TMT Turkmenistan
USD Turkmenistan
TOP Tonga
USD Tonga
TRY Turkey
USD Turkey
TTD Trinidad and Tobago
USD Trinidad and Tobago
TZS Tanzania
USD Tanzania
UAH Ukraine
EUR Ukraine
USD Ukraine
UGX Uganda
USD Uganda
USD United States of America
USD Uruguay
UYU Uruguay
UZS Uzbekistan
EUR Uzbekistan
USD Uzbekistan
EUR Vatican City
USD Vatican City
USD Saint Vincent and the Grenadines
XCD Saint Vincent and the Grenadines
USD Virgin Islands, British
USD Vietnam
VND Vietnam
USD Vanuatu
VUV Vanuatu
USD Samoa
WST Samoa
EUR Kosovo
USD Kosovo
USD South Africa
ZAR South Africa
USD Zambia
ZMW Zambia
This amount placeholder is shown due to an error in the calculator.
Sign up
Sign up to create an account and proceed in a new tab.

Powered by Moka United

Delivered in minutes

In the last 72 hours, the 2026 Winter Olympics officially came to an end. While everyone watched the 2026 Winter Olympics men’s figure skating finale with bated snow-frosted breaths, some might argue the most iconic moment of these Olympics didn’t happen on an ice rink. 

It happened just a few weeks ago, at the very beginning of the tournament, when one man stepped towards the cold 1,445-meter track of the Eugenio Monti Sliding Centre, with a head full of Olympic glory, and a helmet full of Ukrainian faces.

His name is Vladyslav Heraskevych. The 27-year-old skeleton racer who stood at the starting block, surrounded by the breathtaking, snow-capped peaks of Monte Cristallo and Antelao in Cortina d’Ampezzo, and made a choice that cost him everything. 

Right before he was scheduled to throw himself down the perilous track, the IOC officially disqualified him from the 2026 Winter Olympic Games. The reason? He outright refused to remove his “Helmet of Remembrance.”

Instead of standard aerodynamic gear, Heraskevych held a helmet bearing the faces of 24 Ukrainian athletes and children who have passed in the ongoing war. Standing at the top of the Queen of the Dolomites, he gripped the banned helmet and walked away from his Olympic dream, unknowingly setting the stage for an over $230,000 payout that would shock the sporting world.

The 10 Million UAH Transfer: Why Rinat Akhmetov Stepped In

Rinat Akhmetov is the billionaire owner of the Shakhtar Donetsk football club. Turning his gaze for a moment from the lush green pitch to the brutal, icy tracks of winter sports, he stepped in with a grand gesture of solidarity.

He initiated a direct transfer of 10 million UAH. This is roughly $231,000, depending on the exchange rate and it went straight to Heraskevych’s charitable foundation.

Akhmetov made his motivation perfectly clear. He stated that Vlad Heraskevych was denied the opportunity to compete for victory at the Olympic Games, yet he returns to Ukraine a true winner.

For anyone living abroad who sends money back home, the underlying sentiment is deeply familiar. Providing funds is often about stepping in to fill the gaps for people and causes we care about. It is the ultimate way to empower a dream or offer a lifeline. It shows your community that they do not have to stand alone.

How much do Olympians make normally?

How much do Olympians make normally?

People often assume top athletes are incredibly wealthy. The reality is a little complicated. The International Olympic Committee does not actually pay athletes directly for winning medals.

Competitors rely entirely on outside funding. They need corporate sponsorships and training stipends. They also depend on bonuses paid by their home country’s National Olympic Committee.

Winter sports are incredibly expensive to fund. Equipment and travel costs add up quickly. This makes Akhmetov’s donation crucial. It ensures Heraskevych can continue his career and advocacy.

Do Team GB athletes get paid for winning?

The short answer is no because the British Olympic Association does not hand out any cash prizes for winning medals. Great Britain pays exactly zero pounds as a direct bonus to its victorious athletes.

This financial reality usually comes as a massive surprise to new fans. When you move to the UK, you fold your highest hopes into a suitcase like your favourite clothes. Once you unpack, you inevitably begin to dress the athletes of your new home in those exact same dreams of athletic glory.

For countless migrants building a life in Britain includes cheering for Team GB and obsessing over their Winter Olympics 2026 results. Even Ukrainians who have found a safe home in the United Kingdom now proudly watch these adopted local heroes fly down the slopes.

But instead of a massive payout on the podium British athletes receive something entirely different. They get comprehensive support and annual training stipends through UK Sport. Everyday people actually help fund this world-class system just by buying National Lottery tickets.

This stable funding is a luxury that is distinct from the Ukraine situation. It explains why Akhmetov specifically chose to transfer over $200,000 to the banned skeleton racer. That amount is the official prize money Ukraine pays its athletes for winning Olympic gold.

The contrast between the two nations is the same as a charcoal-grey helmet in the snow. British athletes might not get a massive check but they train with peace of mind. Back in Ukraine athletes are forced to train through blackouts and the devastating reality of conflict. For them the cash prize is never just a fun bonus. It is a matter of survival.

How to support Ukrainian athletes’ charity and relief efforts

How to support Ukrainian athletes’ charity and relief efforts

Luckily, grand gestures of support don’t have to end with the Olympics. You too can make a difference. Whether you are a billionaire football club owner or a worker in London, sending support home matters.

You can make transfers home today with TransferGo’s fee-free transfers to Ukraine. 

It’s true the flames have flickered out in the Arena di Verona. But the great fire of Ukraine’s spirit burns forever.

About the author

Wayne Samuel

With over eight years of experience, Wayne specialises in the alchemy of user-centric storytelling, distilling intricate technicality into narratives that resonate with human intent. Having shaped the voice of global entities including Arla, the British Council, and the UN’s Spotlight Initiative, he navigates the intersections of Fintech, Edtech, and mission-driven advocacy with ease. At TransferGo, Wayne continues to bridge the gap between sophisticated global systems and the people they serve.

Invite friends to TransferGo, earn £20