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Banknotes of the Ukrainian hryvnia

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 and ₴1000. 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.

Contents

BanknotesEdit

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 SeriesEdit

First Series [1]
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse first printing issue
    ₴1 135 х 70 mm Dark green Volodymyr the Great of Kyiv Ruins of Chersonesos 1992 September 2, 1996
    ₴2 Brown Yaroslav the Wise Saint Sophia Cathedral in Kyiv
    ₴5 Dark blue Bohdan Khmelnytsky A church in the village of Subotiv
    ₴10 Violet Ivan Mazepa Kyiv Pechersk Lavra
    ₴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 SeriesEdit

Second Series [2]
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse first printing issue
    ₴1 133 × 66 mm Green and brown Volodymyr the Great of Kyiv Ruins of Chersonesos 1994 September 1, 1997
    ₴2 Brown Yaroslav the Wise The Saint Sophia Cathedral in Kyiv 1995
    ₴5 Blue Bohdan Khmelnytsky A church in the Selo (village) of Subotiv. 1994
    ₴10 Brown and yellow Ivan Mazepa The Holy Dormition Cathedral of the Kyiv Pechersk Lavra
    ₴20 Brown and green Ivan Franko The Lviv Opera Theater 1995
    ₴50 Yellow and violet Mykhailo Hrushevsky The building of the Verkhovna Rada Not indicated on the banknotes September 2, 1996
    ₴100 Rose and green Taras Shevchenko (old portrait) The Saint Sophia Cathedral in Kyiv
    ₴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 SeriesEdit

Denomination [3] and dimensions Image Main colour Obverse Reverse Date of issue
1 hryvnia
118 x 63 mm
    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
    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
    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
    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
    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
    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
    Green Ivan Franko (1856 – 1916), poet and writer The Lviv Theatre of Opera and Ballet December 1, 2003
50 hryven'
136 x 72 mm
    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
    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
    Pink Lesya Ukrainka (1871 – 1913), poet and writer The Entrance Tower of Lutsk Castle. May 28, 2007
500 hryven'
154 x 75 mm
    Brown Hryhorii Skovoroda (1722 – 1794), writer and composer The Kyiv Mohyla Academy buildings. September 15, 2006

Fourth seriesEdit

Denomination [4] and dimensions Image Main colour Obverse Reverse Date of issue
20 hryven'
130 x 69 mm
    Green Ivan Franko (1856 – 1916), poet and writer The Lviv Theatre of Opera and Ballet September 25, 2018
100 hryven'
142 x 75 mm
    Olive Taras Shevchenko (1814 – 1861), poet and artist Red University Building. March 9, 2015
500 hryven'
154 x 75 mm
    Brown Hryhorii Skovoroda (1722 - 1794), writer and composer The Kyiv Mohyla Academy buildings. April, 11, 2016
1,000 hryven'
160 x 75 mm
    Violet Volodymyr Vernadskyi (1863 - 1945), historian, philosopher, naturalist and scientist National Academy of Sciences of Ukraine October 25, 2019

ReferencesEdit

  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)