The Hryvnia, also spelled sometimes as Hryvna or Grivna (UHR) was introduced September 2, 1996 by the National Bank of Ukraine (NBU). It replaces the old 'Coupon' (or 'Karbovanets') which was a temporary currency used in Ukraine during the period of separation from the rouble zone. Coupons were later exchanged at the fixed rate of 100,000 coupons to 1 Hryvnia and as of September 15, 1997 the Hryvnia remains the only legal tender in Ukraine.
There are bills for 1, 2, 5, 10, 20, 50 and 100 Hryvnias. There are coins called 'kopiyka' for 1, 2 ,5 10, 25, and 50 kopiykas. (1 kopiyka is equal to 1/100 of Hryvnia.) Alo there are 1, 2 and 5 Hryvnia coins as well as some commemorative collectible coins.
Take a look at our small but growing collection of Ukrainian Collectible Coins.
Bills of 1, 2, 5, 10 and 20 Hryvnias marked with year 1992 where designed and printed in Canada. 1 Hryvnia (alternative design), 50 and 100 Hryvnias banknotes were designed and printed by an English company called De La Rue in 1994.
Starting from September 1, 1997 the new design of 2, 5, 10 and 20 Hryvnia bills will be released to increase their protection from falsification. New bills will slowly replace old ones while those will still be valid. These new bills were designed in Ukraine and printed on the new factory of the National Bank of Ukraine built in cooperation with abovementioned De La Rue company.
Hryvnia can be freely converted to hard currency in any autorised bank or exchange point. The average exchange rate is 1.82 UHR for 1 USD and 1 UHR for 3,000.00 russian roubles. During the last period it proved to be a stable and reliable currency. (The exchange rate has changed from 1.78 Hryvnias for 1 USD as for Sep.15.1996 to 2.05 UHR / 1 USD at Jul.10.1998).
Try our new Hryvnia Currency Converter.
It allows you to convert any amount of Hryvnias to other currency (from more than 60 countries) and vice versa using the most recent exchange rate from the National Bank of Ukraine.
You can find more information about Hryvnia exchange rates to world major currencies from The Ukrainian Financial Monitor Web site at the following locations:
- Hryvnia's exchange rate for today from National Bank of Ukraine [Mirror in US]
- Hryvnia's exchange rate for today from Ukrainian Interbank Currency Exchange [Mirror in US]
National Bank of Ukraine finally came up with the own Web site full of intersting and useful information about Hryvnia! The address is here: http://www.bank.gov.ua/
There is a full set of images of all Hryvnia bills and commemorative coins on their web site.
Currently all information is Ukrainian language only.
Hryvnia to US Dollar Rates History for the Last Year:
More historical rates graphs.
Images of Hryvnia
See the images of all Hryvnia bills and Kopiyka coins here.
There are several protection layers in Hryvnia bills. In addition bills of 50 and 100 Hryvnias and partially 1 Hryvnia (alternative design) have additional protection levels to ensure their safety.* Note: This information is provided 'as is' with no responsibility granted by authors.
You can see the images of newly released bills (design of 1995) here.
Other Sites With Hryvnia Images
- Hryvnia images from ScopeTravel.
- Money of Ukraine by Sergey Koganov (slow link).
- New Bills - description of new bills (design 1995) with their pictures. Russian language only!
- The pictures of old ukrainian bills at the Brama, Inc..
- Bills of Ukraine from Ron Wise's World Paper Money site.
- Some pictures of old ukrainian bills and stamps from Bob Butler's site.