About Ukraine banknotes
During the Ukrainian People's Republic of 1917–1921, Ukraine issued its own karbovanets and hryvnia notes. After independence in 1991 the karbovanets returned as a temporary currency, and in 1996 the hryvnia was introduced at 100,000 karbovantsiv to one. In 2018 the National Bank issued a souvenir note marking the centenary of the revolution.
See also: Russia, European banknotes and World War I banknotes.
Frequently asked questions
What is the karbovanets?
Ukraine's currency during 1917–1920 and again from 1992 to 1996.
When was the hryvnia introduced?
In September 1996, at 100,000 karbovantsiv to one hryvnia.
Who issues Ukrainian banknotes?
The National Bank of Ukraine.
Are your Ukraine banknotes genuine?
Yes. Every Ukraine note we sell is a genuine banknote, never a copy or replica. Each listing states the grade, gives the Pick catalogue number where one exists and shows the front and back, and every order ships tracked from Hungary.




