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Hryvnia: A Short Introduction to Ukraine’s Currency

8. January 2013 by Dasha 0 Comments

If you’re planning to travel to Ukraine, or just want to learn more about your lady’s home, you’ll need to brush up on the nation’s currency. With that in mind, here’s a short introduction to the hryvnia, a.k.a. Ukrainian money.

• The hryvnia has been Ukraine’s national currency since 1996, and is represented by the ₴ symbol. Outside Ukraine, however, it is often referred to as UAH.

• 100 kopiyok make up one hryvnia.

• The seven coins currently circulating in Ukraine include: 1 kopiyka; 2 kopiyky; 5, 10, 25, and 50 kopiyok, as well as 1 hryvnia.

• Circulating bank notes include: 1 hryvnia, 2 hryvni, and hryven’ notes in 5, 10, 20, 50, 100, 200, and 500 denominations.

• All of the notes feature famous Ukrainian figures and landmarks. Poet Lesya Ukrainka appears on the 200 hryven' bill, the only woman pictured on Ukrainian currency.

• Like other nations, Ukraine has issued a number of commemorative coins, including one honoring Euro 2012. Other inspirations include Ukrainian cities, monuments, heroes, famous families, musical instruments, flora and fauna, and more.

• According to a recent report, the average monthly salary in Ukraine is 2,923 UAH. This translates to approximately $363 or £225.

• As of today (January 8, 2013), the exchange rate per Google Finance is 1 USD = 8.0650 UAH, 1 CAD = 8.1704 UAH, 1 GBP = 12.9346 UAH, 1 EUR = 10.5377 UAH, and 1 AUD = 8.4554 UAH.

Photo/Source: Wikipedia