Banknotes of the Ukrainian hryvnia

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Banknotes of Ukrainian hryvnia are the banknotes or bills (in common lexicon) of Ukraine, denominated in Ukrainian hryvnias (UAH, ₴). Currently, they are issued in denominations of ₴1, ₴2, ₴5, ₴10, ₴20, ₴50, ₴100, ₴200, ₴500. All current notes are issued by the National Bank of Ukraine, which released its first series of notes in 1991. The current series of hryvnia banknotes were introduced into circulation between 2004 and 2006. Banknotes issued in Ukraine can be viewed at the Currency Museum of the National Bank of Ukraine in Kyiv.

Banknotes[edit]

In 1996, the first series of hryvnia banknotes was introduced into circulation by the National Bank of Ukraine. They were dated 1992 and were in denominations of 1, 2, 5, 10 and 20 hryven’. The design of the banknotes was developed by Ukrainian artists Vasyl Lopata and Borys Maksymov.[1][2] One hryvnya banknotes were printed by the Canadian Bank Note Company in 1992. Two, five and ten hryvnya banknotes were printed two years later. Until introduction into circulation the banknotes were kept in Canada.[1]

Banknotes of the first series in denominations of 50 and 100 hryven' also existed but due to unknown reasons they were never introduced.

Also in 1996, the 1, 50, and 100 hryvnia notes of the second series were introduced, with 1 hryvnia dated 1994. The banknotes were designed and printed by British printer De La Rue.[3] Since the opening of the Mint of the National Bank of Ukraine in cooperation with De La Rue in March 1994 all banknotes have been printed in Ukraine.[3]

Later, highest denominations were added. The 200 hryvnia notes of the second series were introduced in 2001, followed by the 500 hryvnia notes of the third series in 2006.

All hryvnia banknotes issued by the National Bank continue to be a legal tender. As of 2008, the banknotes of early series can rarely be found in circulation. Also, despite the devaluing of the currency since its introduction, all kopeck coins remain in circulation, as well as all low-value hryvnia bills, including 1 hryvnia.

As with the U.S. dollar, the 1 hryvnia bill is commonly used, and the 1 hryvnia coin is rarely seen. The 100 hryvnia denomination is quite common due to its moderately high value, much as with the US$20 bill. Also common is the 200 hryvnia, as most Ukrainian ATMs dispense currency in this denomination.

The total number of counterfeit hryvnia banknotes in 2015 and 2016 was 2.8 forged bills per 1 million legitimate ones.[4] Almost 10,500 counterfeit hryvnia banknotes worth UAH 3.6 million (U.S. dollar 137,562) were withdrawn from circulation in 2017.[4] The 200 hryvnia is the banknote most counterfeited (61% of all forged banknotes in 2017).[4]

First Series[edit]

First Series [1]
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse first printing issue
1 Hryvnia 1992 front.jpg 1 Hryvnia 1992 back.jpg ₴1 135 х 70 mm Dark green Volodymyr the Great of Kyiv Ruins of Chersonesos 1992 September 2, 1996
2 hryvnia 1992 front.jpg 2 hryvnia 1992 back.jpg ₴2 Brown Yaroslav the Wise Saint Sophia Cathedral in Kyiv
5 hryvnia 1992 front.jpg 5 hryvnia 1992 back.jpg ₴5 Dark blue Bohdan Khmelnytsky A church in the village of Subotiv
10 hryvnia 1992 front.jpg 10 hryvnia 1992 back.jpg ₴10 Violet Ivan Mazepa Kyiv Pechersk Lavra
20 hryvnia 1992 front.jpg 20 hryvnia 1992 back.jpg ₴20 Yellow and brown Ivan Franko Lviv Opera and Ballet Theater
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Second Series[edit]

Second Series [2]
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse first printing issue
1 Hryvnia 1995 front.jpg 1 Hryvnia 1995 back.jpg ₴1 133 × 66 mm Green and brown Volodymyr the Great of Kyiv Ruins of Chersonesos 1994 September 1, 1997
2 hryvnia 1995 front.jpg 2 hryvnia 1995 back.jpg ₴2 Brown Yaroslav the Wise The Saint Sophia Cathedral in Kyiv 1995
5 hryvnia 1995 front.jpg 5 hryvnia 1995 back.jpg ₴5 Blue Bohdan Khmelnytsky A church in the Selo (village) of Subotiv. 1994
10-Hryvnia-2000-front.jpg 10 hryvnia 1994 back.jpg ₴10 Brown and yellow Ivan Mazepa The Holy Dormition Cathedral of the Kyiv Pechersk Lavra
20-Hryvnia-2000-front.jpg 20-Hryvnia-2000-back.jpg ₴20 Brown and green Ivan Franko The Lviv Opera Theater 1995
50 hryvnia 1996 front.jpg 50 hryvnia 1996 back.jpg ₴50 Yellow and violet Mykhailo Hrushevsky The building of the Verkhovna Rada Not indicated on the banknotes September 2, 1996
100-griven-front-Uschenko.jpg 100 hryvnia 1995 back.jpg ₴100 Rose and green Taras Shevchenko (old portrait) The Saint Sophia Cathedral in Kyiv
200 hryvnia 2000 front.jpg 200 hryvnia 2000 back.jpg ₴200 Blue Lesya Ukrainka The Entrance Tower of Lutsk Castle August 22, 2001
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Third Series[edit]

Denomination [3] and dimensions Image Main colour Obverse Reverse Date of issue
1 hryvnia
118 x 63 mm
1 hryvnia obverse 1 hryvnia reverse Grey Volodymyr the Great of Kyiv (c. 958 – 1015), Prince of Novgorod and Grand Prince of Kiev
Ruler of Kievan Rus' in (980–1015)
The Vladimir I's Fortress Wall in Kyiv December 1, 2004
1 hryvnia
118 x 63 mm
1 hryvnia obverse 1 hryvnia reverse Yellow-blue Volodymyr the Great of Kyiv (c. 958 – 1015), Prince of Novgorod and Grand Prince of Kiev
Ruler of Kievan Rus' in (980–1015)
The Vladimir I's Fortress Wall in Kyiv May 22, 2006
2 hryvni
118 x 63 mm
2 hryvni obverse 2 hryvni reverse Orange Yaroslav the Wise (c. 978 – 1054), Prince of Novgorod and Grand Prince of Kiev
Ruler of Kievan Rus' in (1019–1054)
The Saint Sophia's Cathedral in Kyiv September 24, 2004
5 hryven'
118 x 63 mm
5 hryven' obverse 5 hryven' reverse Blue Bohdan Khmelnytsky (c. 1595 – 1657), Hetman of Ukraine A church in the village of Subotiv June 14, 2004
10 hryven'
124 x 66 mm
10 hryven' obverse 10 hryven' reverse Crimson Ivan Mazepa (1639 – 1709), Hetman of Ukraine The Holy Dormition Cathedral of the Kyiv Perchersk Lavra November 1, 2004
10 hryven'
124 x 66 mm
10 hryven' obverse 10 hryven' reverse Crimson Ivan Mazepa (1639 – 1709), Hetman of Ukraine The Holy Dormition Cathedral of the Kyiv Perchesk Lavra August, 2006
20 hryven'
130 x 69 mm
20 hryven' obverse 20 hryven' reverse Green Ivan Franko (1856 – 1916), poet and writer The Lviv Theatre of Opera and Ballet December 1, 2003
50 hryven'
136 x 72 mm
50 hryven' obverse 50 hryven' reverse Violet Mykhailo Hrushevskyi (1866 – 1934), historian and politician. The Tsentralna Rada building ("House of the Teacher" in Kyiv). March 29, 2004
100 hryven'
142 x 75 mm
100 hryven' obverse 100 hryven' reverse Olive Taras Shevchenko (1814 – 1861), poet and artist The Chernecha Hill near Cherkasy and the figures of a kobzar with his guide boy. February 20, 2006
200 hryven'
148 x 75 mm
200 hryven' obverse 200 hryven' reverse Pink Lesya Ukrainka (1871 – 1913), poet and writer The Entrance Tower of Lutsk Castle. May 28, 2007
500 hryven'
154 x 75 mm
500 hryven' obverse 500 hryven' reverse Brown Hryhorii Skovoroda (1722 – 1794), writer and composer The Kyiv Mohyla Academy buildings. September 15, 2006

Fourth series[edit]

Denomination [4] and dimensions Image Main colour Obverse Reverse Date of issue
20 hryven'
130 x 69 mm
20 hryven' obverse 20 hryven' reverse Green Ivan Franko (1856 – 1916), poet and writer The Lviv Theatre of Opera and Ballet September 25, 2018
100 hryven'
142 x 75 mm
100 hryven' reverse 100 hryven' reverse Olive Taras Shevchenko (1814 – 1861), poet and artist Red University Building. March 9, 2015
500 hryven'
154 x 75 mm
500 hryven' obverse 500 hryven' reverse Brown Hryhorii Skovoroda (1722 - 1794), writer and composer The Kyiv Mohyla Academy buildings. April, 11, 2016

References[edit]

  1. ^ a b "How hryvnia was born". Podrobnosti.ua (in Russian)
  2. ^ "The man who designed Hryvnia". Archived from the original on April 23, 2008.. Dzerkalo Tyzhnia (in Russian)
  3. ^ a b "Hryvnia-Immigrant". Archived from the original on 2010-12-29. Retrieved 2014-03-13. Dzerkalo Tyzhnia (in Ukrainian)
  4. ^ a b c National Bank names banknotes forged most often, UNIAN (08 June 2018)