About the Ukrainian Hryvnia
The Hryvnia was introduced in 1996, five years after Ukraine gained independence from the Soviet Union. It replaced the Karbovanets, a transitional currency.
The name 'Hryvnia' comes from a weight unit used in medieval Kyivan Rus'. The Kopiika (kopeck) is derived from the Russian 'kopeyka'.
Interesting Facts
A Currency of Resilience
Despite ongoing conflict, the National Bank of Ukraine has demonstrated remarkable resilience in maintaining Hryvnia stability, supported by international aid and strict monetary policies.
National Heroes on Notes
Ukrainian banknotes feature prominent historical figures, including Prince Volodymyr the Great, Bohdan Khmelnytsky, and Lesya Ukrainka, celebrating the nation's rich heritage.
Unique Hryvnia Symbol
The Hryvnia has its own unique currency symbol, ₴, which is a cursive Ukrainian letter 'Г' (He) with two horizontal strokes.
Historical Timeline
Ukraine declares independence.
The Hryvnia is introduced.
The annexation of Crimea and conflict in Donbas lead to significant economic and currency instability.
Full-scale Russian invasion causes severe economic disruption and currency devaluation, but the NBU maintains stability.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- UAH
- Symbol
- ₴
- Numeric Code
- 980
- Subunit
- Kopiika (1/100)
- Introduced
- 1996-09-02
Central Bank
- Name
- National Bank of Ukraine
- Headquarters
- Kyiv, Ukraine
- Founded
- 1991
- Current Governor
- Andriy Pyshnyy (since 2022)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 3.3%
- Interest Rate
- 13.0%
Exchange Rates
What Affects the UAH Exchange Rate?
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