Currency in Crimea for VI IAO

Currency in Crimea and Ukraine is "grivna", 1/100 of "grivna" = 1 "kopijka".
  • abbreviated name - grn.
  • lettered code - UAH
  • numeric code - 980
  • issuing institution - the National Bank of Ukraine

    There are now (September 2001) in circulation:
  • Change coins: 1, 2, 5 kop. (white metal), 10, 25, 50 kop. (bronzed colour metal)
  • Banknotes: 1, 2, 5, 10, 20, 50, 100, 200 grn.

    Exchange rates in UAH for US$, RUR, BYR, MDL, EUR, DEM in 2001

    As usual you may change only US dollars and Russian rubles in exchange offices and banks in Crimea. Sometimes German mark is also may be changed.

    Short history of monetary system.
    The first monetary reform after USSR-times was implemented in Ukraine in 1991-1992. The ukrainian karbovanets (equal to 10 Soviet rubles) was put into circulation in Ukraine. This monetary unit became the victim of inflation, caused by the economic crises.
    The second monetary reform in Ukraine after USSR-times was carried out on September 2-16, 1996. The currency "grivna" and its one hundredth part - "kopijka" was put into circulation. Karbovanets deposits of households were converted into Hryvnia deposits according to the exchange rate of 100 000 karbovanets = 1 grivna. I.e. now the total denominational factor grivna / sov.ruble is 1 000 000.
    There are now (September 2001) in circulation:
  • banknotes of the following denominations: 1 grivna (1992, 1994, 1995), 2 grivnas (1992, 1995, 2001), 5 grivnas (1992, 1994, 1997, 2001), 10 grivnas (1992, 1994, 2000), 20 grivnas (1992, 1995, 2000), 50, 100 and 200 grivnas;
  • change coins of the denominations: 1 kopijka, 2 kopijki, 5, 10, 25, 50 kopijok and 1 grivna.
    previous page previous level next page E-letters to OC of the Olympiad