Coins of the Ukrainian hryvnia

Coins of the Ukrainian hryvnia were first minted in 1992. Coins were first struck in 1992 for the new currency but were not introduced until September 1996. Initially, coins valued between 1 and 50 kopecks were issued. In March 1997, 1 hryvnia coins were added; they are however rarely seen in circulation. The note of the same value is far more commonly used. Since 2004 several commemorative 1 hryvnia coins have been struck. New coins have been produced annually since then and they make up a valuable aspect of the Ukrainian currency system. Today, circulating coins exist in denominations of 1 kopiyka (i.e. or ₴0.01), 2, 5, 10, 25 and 50 kopiyok, ₴1.00 and ₴2.00. Also minted are bullion (including gold, silver and platinum) and commemorative coins. All of these are produced by the National Bank of Ukraine.

In October 2012 the National Bank of Ukraine announced that it is examining the possibility of withdrawing the 1 and 2 kopeck-coins from circulation;[1] the withdrawal started on 1 October 2019. The coins had become too expensive to produce compared to their nominal value. In the same month, the Bank proposed the introduction of the 2 hryvnia coin;[2] this was finally issued as a circulation coin in April 2018.[3]

Production

Coins of Ukraine in circulation.

Until 2001 most coins were struck by the Luhansk Cartridge Factory.[4] Also, in 1992 coins of 1, 5, 10 and 25 kopecks were struck by the Italian mint.[5] Since 2001 all Ukrainian coins are struck at the mint of the National Bank of Ukraine.

All circulation coins have been designed by Vasyl Lopata (*1941).

Coins of the Ukrainian Hryvnia (1992–present)[6]
Image Value Technical parameters Description Date of
ObverseReverseDiameterMassCompositionEdgeObverseReversemintingissuewithdrawal
1 kopiyka 16. mm 1.5 g Stainless steel Plain Value,
Ornaments
Ukrainian Trident 1992~present 2 September 1996 Current but not issued since 1 July 2018; withdrew from general circulation on 1 October 2019[7]
2 kopiyky 17.30 mm 0.64 g (1992~1996)
1.8 g (2001-)
aluminium (1992–1996),
stainless steel (2001-)
Current but not issued since 1 July 2018; withdrew from general circulation on 1 October 2019[7]
5 kopiyok 24 mm 4.3 g stainless steel Reeded Current but not issued since 1 July 2018; withdrew from general circulation on 1 October 2019[7]
10 kopiyok 16.3 mm 1.7 g brass (1992–1996),
aluminium bronze (2001-)
Current
25 kopiyok 20.8 mm 2.9 g Reeded and plain sectors Current but not issued since 1 July 2018[7]
50 kopiyok 23 mm 4.2 g Current
1 hryvnia 26 mm 7.1 g (1995,1996)
6.9 g (2001-)
brass (1995,1996),
aluminium bronze (2001-)
Inscription: "ОДНА ГРИВНЯ", minted year 1995~present 12 March 1997 Current (new design introduced in 2018)
1 hryvnia 18.9 mm 3.3 gNickel-plated steelReededCoat of Arms
of Ukraine,
Value,
Ornaments
Volodymyr the Great 2018[7] Current
2 hryvni 20.2 mm 4.0 g Nickel-plated steel Yaroslav the Wise Current
5 hryven 22.1 mm 5.2 g Nickel-plated zincSegmented (Plain and Reeded edges) Bohdan Khmelnytsky 2019[8][7]
10 hryven 23.5 mm 6.4 g Nickel-plated zinc Reeded Ivan Mazepa 2020[7]

References

  1. "The NBU plans to get rid of coins denominated in 1 and 2 kopecks" (in Ukrainian). iPress.ua. 4 October 2012. Retrieved 10 January 2019.
  2. https://pogliad.ua/news/chernivtsi/nacionalniy-bank-ukrayini-hoche-vipustiti-metalevi-2-grivni-212102
  3. "Small and circulation coins". National Bank of Ukraine. Retrieved 19 July 2019.
  4. "How hryvnia was born". Archived from the original on 2008-10-08. Retrieved 2014-03-13. Podrobnosti.ua (in Russian)
  5. National Bank of Ukraine. Available at: http://www.bank.gov.ua/control/uk/publish/article?art_id=40912&cat_id=40465
  6. National Bank of Ukraine. Available at:http://www.bank.gov.ua/control/uk/currentmoney/chcoin/list
  7. "Національний банк презентував нові обігові монети". bank.gov.ua. Retrieved 2018-04-07.
  8. (in Ukrainian) NBU put into circulation a coin of 5 hryvnia denomination, Economichna Pravda (17 January 2019)


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