# hryvnia

> currency of Ukraine

**Wikidata**: [Q81893](https://www.wikidata.org/wiki/Q81893)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Ukrainian_hryvnia)  
**Source**: https://4ort.xyz/entity/hryvnia

## Summary
The hryvnia is the official currency of Ukraine, introduced on September 2, 1996, replacing the Ukrainian karbovanets. It is issued and regulated by the National Bank of Ukraine and serves as the primary medium of exchange for goods and services within the country.

## Key Facts
- **Official Name:** Ukrainian hryvnia (UAH)
- **Introduction Date:** September 2, 1996
- **Currency Code:** UAH
- **Symbol:** ₴
- **Subunit:** 100 kopiyok
- **Preceded By:** Ukrainian karbovanets (1992–1996)
- **Issuing Authority:** National Bank of Ukraine
- **Country:** Ukraine
- **Wikidata Description:** Currency of Ukraine
- **Wikipedia Title:** Ukrainian hryvnia
- **Sitelink Count:** 91
- **Manufacturers:** National Bank of Ukraine, Ukrainian Mint
- **Start Time:** +1996-09-02T00:00:00Z
- **Instance Of:** Currency
- **Subclass Of:** National currency
- **Has Parts:** Banknotes of the Ukrainian hryvnia, Coins of the Ukrainian hryvnia
- **Aliases:** UAH, Ukrainian hryvnia, hryvnya
- **GND ID:** 4618908-7
- **Freebase ID:** /m/035qkb
- **BabelNet ID:** 00024507n
- **Wikidata ID:** Q1351383
- **WordNet ID:** 13725256-n
- **UNESCO Thesaurus ID:** 754689
- **Encyclopædia Britannica Online ID:** money/currency
- **JSTOR Topic ID:** currency
- **Library of Congress Classification:** SG--587
- **ISO 3166-1 Alpha-2 Code:** UA
- **ISO 3166-1 Alpha-3 Code:** UKR
- **International Calling Code:** +380
- **Top-Level Domain:** .ua, .укр

## FAQs

**What is the hryvnia?**
The hryvnia is the official currency of Ukraine, introduced on September 2, 1996, to replace the Ukrainian karbovanets. It is issued and regulated by the National Bank of Ukraine and is used for all financial transactions within the country.

**What is the history of the hryvnia?**
The hryvnia was introduced on September 2, 1996, following the dissolution of the Soviet Union and the establishment of Ukraine as an independent nation. It replaced the Ukrainian karbovanets, which was used from 1992 to 1996. The hryvnia has since become a symbol of Ukraine's economic sovereignty.

**What are the denominations of the hryvnia?**
The hryvnia is divided into 100 kopiyok. It is available in various denominations, including coins and banknotes. The coins come in values of 1, 2, 5, 10, 25, 50 kopiyok, and 1, 2, 5, 10 hryvnias. The banknotes are available in denominations of 1, 2, 5, 10, 20, 50, 100, 200, 500, and 1000 hryvnias.

**What is the role of the National Bank of Ukraine in relation to the hryvnia?**
The National Bank of Ukraine is responsible for issuing and regulating the hryvnia. It ensures the stability of the currency, manages monetary policy, and oversees the production and distribution of banknotes and coins.

**How is the hryvnia represented in digital and cultural contexts?**
The hryvnia has a defined presence in digital systems, including a Unicode character (₴) and various identifiers in databases like Wikidata, Freebase, and BabelNet. It is also represented in cultural contexts, such as in the media and public discourse, as a symbol of Ukraine's economic independence.

## Why It Matters
The hryvnia is crucial to Ukraine's economic stability and sovereignty. As the official currency, it facilitates trade, investment, and financial transactions within the country. The hryvnia's introduction marked a significant step in Ukraine's transition from a Soviet republic to an independent nation with its own economic identity. It plays a vital role in the country's financial system, supporting economic growth and development.

## Notable For
- **Economic Sovereignty:** The hryvnia symbolizes Ukraine's economic independence following the dissolution of the Soviet Union.
- **Stability and Growth:** It has been instrumental in stabilizing Ukraine's economy and supporting its growth.
- **Cultural Significance:** The hryvnia is a symbol of national pride and economic sovereignty.
- **Digital Representation:** It has a defined presence in digital systems, including a Unicode character and various identifiers in databases.
- **Historical Importance:** The introduction of the hryvnia marked a significant milestone in Ukraine's history, replacing the Ukrainian karbovanets and establishing a new economic identity.

## Body

### History and Introduction
The hryvnia was introduced on September 2, 1996, following the dissolution of the Soviet Union and the establishment of Ukraine as an independent nation. It replaced the Ukrainian karbovanets, which had been used from 1992 to 1996. The introduction of the hryvnia was a significant step in Ukraine's transition to an independent economic system, marking the country's economic sovereignty.

### Currency Details
The hryvnia is the official currency of Ukraine, with the currency code UAH and the symbol ₴. It is divided into 100 kopiyok. The hryvnia is available in various denominations, including coins and banknotes. The coins come in values of 1, 2, 5, 10, 25, 50 kopiyok, and 1, 2, 5, 10 hryvnias. The banknotes are available in denominations of 1, 2, 5, 10, 20, 50, 100, 200, 500, and 1000 hryvnias.

### Issuing Authority
The National Bank of Ukraine is responsible for issuing and regulating the hryvnia. It ensures the stability of the currency, manages monetary policy, and oversees the production and distribution of banknotes and coins. The National Bank of Ukraine plays a crucial role in maintaining the hryvnia's value and supporting the country's economic growth.

### Digital and Cultural Representation
The hryvnia has a defined presence in digital systems, including a Unicode character (₴) and various identifiers in databases like Wikidata, Freebase, and BabelNet. It is also represented in cultural contexts, such as in the media and public discourse, as a symbol of Ukraine's economic independence. The hryvnia's digital and cultural representation highlights its importance in Ukraine's economic and cultural identity.

### Economic Impact
The hryvnia has been instrumental in stabilizing Ukraine's economy and supporting its growth. It facilitates trade, investment, and financial transactions within the country, playing a vital role in the country's financial system. The hryvnia's introduction marked a significant milestone in Ukraine's history, establishing a new economic identity and supporting the country's transition to an independent nation.

### Related Entities
The hryvnia is related to several entities, including the National Bank of Ukraine, which issues and regulates the currency, and the Ukrainian Mint, which produces the coins. The hryvnia is also related to the Ukrainian karbovanets, which it replaced, and the Soviet ruble, which was used before the karbovanets. These relationships highlight the hryvnia's role in Ukraine's economic history and its significance in the country's financial system.

### Technical and Administrative Details
The hryvnia is represented in various technical and administrative systems, including the ISO 3166-1 alpha-2 code "UA" and the alpha-3 code "UKR." The country's top-level internet domain is ".ua," with the Cyrillic ".укр" also available. The international telephone country code is +380. These technical and administrative details highlight the hryvnia's integration into Ukraine's infrastructure and its role in the country's economic and digital systems.

## References

1. Freebase Data Dumps. 2013
2. [Source](http://bank.gov.ua/NBUStatService/v1/statdirectory/exchange?json)
3. Quora
4. [Source](https://golden.com/wiki/Ukrainian_hryvnia-BWWDXK)
5. FactGrid
6. GF WordNet