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Coins of the Ukrainian hryvnia

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Coins of Ukraine in circulation.

Coins of the Ukrainian hryvnia were first minted in 1992. Coins were first struck in 1992 for the new currency but were not introduced until September 1996. Initially, coins valued between 1 and 50 kopiyok were issued. In March 1997, 1 hryvnia coins were added; they are however rarely seen in circulation. The note of the same value is far more commonly used. Since 2004 several commemorative 1 hryvnia coins have been struck. New coins have been produced annually since then and they make up a valuable aspect of the Ukrainian currency system. Today, circulating coins exist in denominations of 1 kopiyka (i.e. or ₴0.01), 2, 5, (all demonetised in 2019) 10, 25 (also demonetised) and 50 kopiyok, ₴1, ₴2, ₴5 and ₴10. Also minted are bullion (including gold, silver and platinum) and commemorative coins. All of these are produced by the National Bank of Ukraine.

In October 2012, the National Bank of Ukraine announced that it is examining the possibility of withdrawing the 1 and 2 kopiyky-coins from circulation;[1] the withdrawal started on 1 October 2019. The coins had become too expensive to produce compared to their nominal value. In the same month, the Bank proposed the introduction of the 2 hryvnia coin;[2] this was finally issued as a circulation coin in April 2018.[3] While 5 and 10 hryvnia coins were issued in 2019 and 2020, respectively.

Production

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Until 2001, most coins were struck by the Luhansk Cartridge Factory.[4] Also, in 1992, coins of 1, 5, 10 and 25 kopiyok were struck by the Italian mint.[5] Since 2001, all Ukrainian coins are struck at the mint of the National Bank of Ukraine.

All circulation coins have been designed by Vasyl Lopata (*1941).

Coins of the Ukrainian Hryvnia (1992–present)[6]
Image Value Technical parameters Description Date of
Obverse Reverse Diameter Mass Composition Edge Obverse Reverse minting issue withdrawal
1 kopiyka 16. mm 1.5 g Stainless steel Plain Value,
Ornaments 		Ukrainian Trident 1992–2016 2 September 1996 Not issued since 1 July 2018.[7] 1, 2, and 5-kopiyka coins withdrew from general circulation on 1 October 2019.[8]
2 kopiyky 17.30 mm 0.64 g (1992~1996)
1.8 g (2001–) 		aluminium (1992–1996),
stainless steel (2001–) 		1992–2014
5 kopiyok 24 mm 4.3 g stainless steel Reeded 1992–2015
10 kopiyok 16.3 mm 1.7 g brass (1992–1996),
aluminium bronze (2001–) 		Reeded Value,
Ornaments 		Ukrainian Trident 1992~present 2 September 1996 Current
25 kopiyok 20.8 mm 2.9 g Reeded and plain sectors 1992–2016 Not issued since 1 July 2018.[7] 25-kopiyka coin ceased to be legal tender in Ukraine and gone out of circulation, effective 1 October 2020.[9][10]
50 kopiyok 23 mm 4.2 g 1992~present Current
1 hryvnia 26 mm 7.1 g (1995,1996)
6.9 g (2001–) 		brass (1995,1996),
aluminium bronze (2001–) 		Inscription: "ОДНА ГРИВНЯ", minted year 1992~2018 12 March 1997 Current (new design introduced in 2018)
1 hryvnia 26 mm 6.8 g (2004-2016) aluminium bronze (2004-2016) Plain with incuse lettering ("ОДНА · ГРИВНЯ · Date of issue") Inscription: Coat of arms of Ukraine; УКРАЇНА 1 ГРИВНЯ; date of issue inside a decorative wreath Half length figure of Volodymyr the Great holding a model church and staff with legend above 2004-2016 2004 Current (new design introduced in 2018)
1 hryvnia 18.9 mm 3.3 g Nickel-plated steel Reeded Coat of Arms
of Ukraine,
Value,
Ornaments 		Volodymyr the Great 2018[7] Current
2 hryvni 20.2 mm 4.0 g Nickel-plated steel Yaroslav the Wise
5 hryven 22.1 mm 5.2 g Nickel-plated zinc Segmented (Plain and Reeded edges) Bohdan Khmelnytsky 2019[11][7]
10 hryven 23.5 mm 6.4 g Nickel-plated zinc Reeded Ivan Mazepa 2020[7]

References

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  1. ^ "The NBU plans to get rid of coins denominated in 1 and 2 kopiyky" (in Ukrainian). iPress.ua. 4 October 2012. Retrieved 10 January 2019.
  2. ^ "Національний банк України хоче випустити металеві 2 гривні".
  3. ^ "Small and circulation coins". National Bank of Ukraine. Retrieved 19 July 2019.
  4. ^ "How hryvnia was born". Archived from the original on 2008-10-08. Retrieved 2014-03-13. Podrobnosti.ua (in Russian)
  5. ^ National Bank of Ukraine. Available at: http://www.bank.gov.ua/control/uk/publish/article?art_id=40912&cat_id=40465 Archived 2015-12-22 at the Wayback Machine
  6. ^ National Bank of Ukraine. Available at:https://www.bank.gov.ua/control/uk/currentmoney/chcoin/list Archived 2012-03-01 at the Wayback Machine
  7. ^ a b c d e "Національний банк презентував нові обігові монети". Bank.gov.ua. Retrieved 2018-04-07.
  8. ^ "NBU Streamlines Hryvnia Banknote and Coin Denominations". National Bank of Ukraine. 25 June 2019. Retrieved 17 July 2019.
  9. ^ "25-Kopiyka Coins and Old Series Hryvnia Banknotes to Cease Being Legal Ten-der from 1 October 2020". National Bank of Ukraine. 2 Sep 2020. Retrieved 19 October 2020.
  10. ^ "NBU to Withdraw 25-Kopiyka Coins and Hryvnia Banknotes 01 Designed before 2003 from Circulation, Effective 1 October 2020". National Bank of Ukraine. 30 Sep 2020. Retrieved 19 October 2020.
  11. ^ (in Ukrainian) NBU put into circulation a coin of 5 hryvnia denomination, Ekonomichna Pravda (17 January 2019)
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