NBU introduces 1,000-hryvnia banknote
"Coins: 1, 2 and 5 kopeck coins will no longer be a means of payment in Ukraine and will be removed from circulation. Also, 25 kopecks, which is still a means of payment, will be gradually withdrawn from circulation. The new UAH 1,000 banknote will be introduced,” he said at a briefing on optimization of the denominations of banknotes and coins of the national currency, an Ukrinform correspondent reported.
Ми наводимо лад у банкнотно-монетному ряді гривні вилучаємо з обігу дрібні монети (1, 2 та 5 коп. з 1 жовтня і в перспективі 25 коп.) і вводимо з 25 жовтня новий найвищий номінал – 1 000 гривень. На те є 3 причини: зручність, економічна доцільність, економія для держави і бізнесу pic.twitter.com/UfP2b3HugR
— Yakiv Smolii (@YSmolii) 25 июня 2019 г.
The NBU governor noted that following the withdrawal of the above-mentioned coins and the introduction of the new banknote, the hryvnia banknote and coin row will be reduced from 17 denominations to 12 within the next three years. There will remain 6 coin denominations and 6 banknote denominations.
The new UAH 1,000 banknote will be put into circulation on October 25, 2019.
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