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Ukrainian hryvnia

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The hryvnia (Ukrainian: гривня) has been the national currency of Ukraine since 1996.

Introduction

Hryvnia currency symbol
The hryvnia replaced the karbovanets, the currency Ukraine used after the breakup of the Soviet Union (karbovanets is equivalent to ruble in Ukrainian). One hryvnia equalled 100,000 karbovanets. The hryvnia is divided into 100 kopiyok (genitive plural, singular kopiyka); see kopek.

Hryvnia is often transliterated as hryvna or hryvnya, also from Russian: grivna. The nominative plural name of the currency is hryvni, but amounts may be transliterated directly in the genitive plural, for example 100 hryven’, instead of using the constructed English plural hryvnias.

The hryvnia symbol is a cursive Ukrainian letter He, with a double horizontal stroke symbolizing stability. Hryvnia is abbreviated "грн." (hrn.) in Ukrainian. The hryvnia is represented by the ISO 4217 currency code UAH, or 980. The hryvnia symbol [may not be rendered in all browsers] has been accepted for encoding as U+20B4 in Unicode 4.1 released in 2005. The specific design of the hryvnia sign is a result of a public contest held by National Bank of Ukraine in 2003.

As of February 21, 2006, there were 5.05000 hryvnias to the US dollar or 6.012530 to the euro at official exchange rate of National Bank of Ukraine.

A commemorative 1 hryvnia coin to biathlon of the 1998 Winter Olympics, held in Nagano, Japan.
Enlarge
A commemorative 1 hryvnia coin to biathlon of the 1998 Winter Olympics, held in Nagano, Japan.

History

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Hryvnia was used as currency in Kievan Rus' in the 11th century. The word hryvnia (or grivna) was derived from the Slavic hryva. Originally the word meant neck as opposed to the current mane. Hryvnia meant something valuable worn around the neck, usually made of silver or gold. Later the word was used to describe silver or gold ingots of a certain weight. The other lesser currency units were nogata — a fur of a large animal such as a bear or a wolf, kuna — a fur of smaller animals, like mink or sable (compare Croatian kuna), and the cheapest was veksha — a fur of a squirrel.

In 2004 the National Bank of Ukraine has officially recommended to distinguish between hryvnia and hryvna in both historical and practical means. Linguistic research was cited as proof that hryvnia refers to medieval currency and hryvna to the female decoration of that time. The proper name for modern Ukrainian currency is гривня (hryvnia).

Coins

Currently Circulating Coins [link]
Image Value Diameter Weight Composition Edge Obverse Reverse First Minted Year
125px 1 kopiyka 15.5 mm 1.5 g Stainless steel Plain Value Ukrainian Trident 1992
125px 2 kopiyky 15.5 mm 0.64 or 1.8 g Aluminum or stainless steel
125px 5 kopiyok 15.5 mm 4.3 g Stainless steel Grained
125px 10 kopiyok 15.5 mm 1.7 g Brass or Aluminum bronze Grained Value Ukrainian Trident 1992
125px 25 kopiyok 15.5 mm 2.9 g With grained sectors
125px 50 kopiyok 15.5 mm 4.2 g
125px 1 hryvnia 15.5 mm 7.1 or 6.9 g Inscription

Banknotes

Newest series (2000's) [link]
Image Value Dimensions Color Obverse Reverse Printed Date
100px 100px 1 hryvnia 63 x 118 mm Gray-green Portrait depicting duke Volodymyr the Great The fortress wall of Volodymyr in Kiev. December 1, 2004
100px 100px 2 hryvni Brown Portrait depicting duke Yaroslav the Wise The Saint Sophia Cathedral in Kiev. September 28, 2004
100px 100px 5 hryven Blue Portrait depicting hetman Bohdan Khmelnytsky A church in the selo (village) of Subotovy. June 14, 2004
100px 100px 10 hryven 66 x 124 mm Crimson Portrait depicting hetman Ivan Mazepa The Holy Dormition Cathedral of the Kievo-Pecherska Lavra November 1, 2004
100px 100px 20 hryven 69 x 130 mm Green Portrait depicting poet Ivan Franko The Lviv Opera Theatre December 1, 2003
100px 100px 50 hryven 72 x 136 mm Violet Portrait depicting historian Mykhailo Hrushevsky The building of the Ukrainian Verkhovna Rada March 29, 2004
100px 100px 100 hryven 75 x 142 mm Olive Portrait depicting poet Taras Shevchenko The Chernecha landscape near Cherkasy and the figures of a kobzar and a guide boy February 20, 2006

See also

External links


Currencies of Europe
Eurozone

Euro
Northern

Danish krone > Faroese króna | Icelandic króna | Norwegian krone | Swedish krona
Baltic

Estonian kroon > Latvian lats | Lithuanian litas
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Central

Czech koruna > Hungarian forint | Polish złoty | Slovak koruna | Slovenian tolar | Swiss franc
Eastern

Belarusian ruble > Kazakhstani tenge | Russian ruble | Ukrainian hryvnia
Southeastern

Albanian lek > Bulgarian lev | Bosnia and Herzegovina convertible mark | Croatian kuna | Macedonian denar | Moldovan leu | Romanian leu | Serbian dinar
Mediterranean

Cypriot pound > Gibraltar pound | Maltese lira | Turkish new lira
Transcaucasia

Armenian dram > Azerbaijani manat | Georgian lari
Unrecognized Countries

Transnistrian ruble
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