Learn more about Ukrainian hryvnia
The hryvnia (sometimes hryvnya; Ukrainian: гривня; IPA: [hrĭv'nyä]) has been the national currency of Ukraine since September 2, 1996. It replaced the Ukrainian karbovanets at the exchange rate 1 hryvnia = 100,000 karbovanets. One hryvnia is divided into 100 kopiykas (singular копійка, ( genitive plural копійок (kopiyok)).
In Ukrainian, the nominative plural form is used for numbers ending with two, three, or four, as in dvi hryvni (дві гривні, 'two hryvnias'), and the genitive plural is used for numbers ending with five to nine, and zero, for example sto hryven’ (сто гривень, '100 hryvnias'). In English, the plural of hryvnia is hryvnias.
Hryvnia is sometimes incorrectly transliterated as hryvna. The hryvnia was used as currency in Kievan Rus' in the 11th century. The word hryvnia is thought to derive from the Slavic griva; cf Russian and Bulgarian грива 'mane'. Hryvnia may have indicated something valuable worn around the neck, usually made of silver or gold; cf Bulgarian grivna (гривна , 'bracelet'). Later the word was used to describe silver or gold ingots of a certain weight; cf Russian grivennik (гривенник, '10-kopek piece'). Other smaller currency units were nogata (ногата, 'pelt of a large animal such as a bear or wolf', kuna (куна, 'pelt of a small animal such as a mink or sable; cf Croatian kuna). The smallest was veksha (векша, 'pelt of a squirrel').
The National Bank of Ukraine has recommended to make a distinction 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 woman's decoration of that time (as the Bulgarian grivna mentioned above).
 Currency sign
The hryvnia sign 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 sign ₴ [may not be rendered in all browsers] was designed and published without any consideration being made of its use in computers. As soon as it was discovered, a proposal to encode it was written; the National Bank of Ukraine did not make any attempt to address the situation. The HRYVNIA SIGN was encoded 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.
The hryvnia replaced the karbovanets, the currency Ukraine used after the breakup of the Soviet Union (karbovanets is equivalent to ruble in Ukrainian) during September 2-16, 1996. One hryvnia equaled 100,000 karbovanets. Initial exchange rate was UAH 1.76 = USD 1.00.
The hryvnia was introduced in the time Victor Yuschenko was the head of National Bank of Ukraine. The first banknotes issued have the signature of the previous National Bank head, Vadym Hetman, who resigned in 1993. This is because first notes were printed as early as 1992 by Canadian Bank Note Company and it was decided to delay using them due to hyperinflation that was in Ukraine after USSR's collapse.
|Currently Circulating Coins |
|Image||Value||Diameter||Thickness||Weight||Composition||Edge||Obverse||Reverse||First Minted Year|
|Image:1-kopiyka-Ukraine.JPG||1 kopiyka||16 mm||1.2 mm||1.5 g||Stainless steel||Plain||Value||Ukrainian Trident||1992|
|Image:2-kopiyki-Ukraine.JPG||2 kopiyky||17.3 mm||1.2 mm||0.64 or 1.8 g||Aluminium or stainless steel|
|Image:Ukraine-1992-Coin-0.05.jpg||5 kopiyok||24 mm||1.5 mm||4.3 g||Stainless steel||Grained|
|Image:10-kopiyok-Ukraine.JPG||10 kopiyok||16.3 mm||1.25 mm||1.7 g||Brass or aluminium bronze||Grained||Value||Ukrainian Trident||1992|
|Image:25-kopiyok-Ukraine.JPG||25 kopiyok||20.8 mm||1.35 mm||2.9 g||With grained sectors|
|Image:50-kopiyok-Ukraine.JPG||50 kopiyok||23 mm||1.55 mm||4.2 g|
|Image:1-hryvnia-Ukraine.JPG||1 hryvnia||26 mm||1.85 mm||7.1 or 6.9 g||Inscription: "ОДНА ГРИВНЯ", minted year|
|These images are to scale at 2.5 pixels per millimeter, a standard for world coins.|
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 External links
- History of Hryvnia
- National Bank of Ukraine announcement of Hryvnia Sign (Ukrainian)
- Proposed symbols for hryvnia during design competition
- Pictures of hryvnia bills introduced in 1997
- First Ukrainian Money
- Ukraine monetary reform. Numismatics (Russian)
- How hryvnia was born (Russian)
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