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, 50 kopiyok, and ₴1.00. 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.[5] The coins had become too expensive to produce compared to their nominal value. Also, on 26 October 2012, the National Bank of Ukraine announced it is considering the introduction of a 2 Hryvnia coin.

Production

Until 2001 most coins were struck by the Luhansk Cartridge Factory.[1] Also, in 1992 coins of 1,5,10 and 25 kopecks were struck by the Italian mint.[2] 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 Hryvna (1992–present)[3]
Image Value Technical parameters Description Date of
Diameter Mass Composition Edge Obverse Reverse minting issue withdrawal lapse
1 kopiyka 16. mm 1.5 g Stainless steel Plain Value,
Ornaments		 Ukrainian Trident 1992~present 2 September 1996 Current
2 kopiyky 17.30 mm 0.64 g (1992~1996)
1.8 g (2001-)		 aluminium (1992–1996),
stainless steel (2001-)
5 kopiyok 24 mm 4.3 g stainless steel Reeded
10 kopiyok 16.3 mm 1.7 g brass (1992–1996),
aluminium bronze (2001-)
25 kopiyok 20.8 mm 2.9 g Reeded and plain sectors
50 kopiyok 23 mm 4.2 g
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
These images are to scale at 2.5 pixels per millimetre. For table standards, see the coin specification table.

References

  1. ↑ "How hryvnia was born". Podrobnosti.ua (Russian)
  2. ↑ National Bank of Ukraine. Available at: http://www.bank.gov.ua/control/uk/publish/article?art_id=40912&cat_id=40465
  3. ↑ National Bank of Ukraine. Available at:http://www.bank.gov.ua/control/uk/currentmoney/chcoin/list

External links


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