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Hryvna

Ukrainian hryvnia
українська гривня (Ukrainian)
100 гривень, 2015 01.jpg
Denominations
Subunit
 1/100 kopiyka (копійка)
Plural hryvni (гривні, nom. pl., after numbers ending with 2,3,4, but not with 12,13,14), and hryven’ (гривень, gen. pl., after other numbers)
 kopiyka (копійка) kopiyky (копійки, nom. pl., after numbers ending with 2,3,4, but not with 12,13,14), kopiyok (копійок, gen. pl. after other numbers)
Symbol
Banknotes ₴1, ₴2, ₴5, ₴10, ₴20, ₴50, ₴100, ₴200, ₴500
Coins 1, 2, 5, 10, 25, 50 kopiykas, ₴1
Demographics
User(s)  Ukraine (except Crimea)
Issuance
Central bank National Bank of Ukraine
 Website www.bank.gov.ua
Printer National Bank of Ukraine
Mint National Bank of Ukraine
Valuation
Inflation 6.9% (06.2016 y-o-y)
 Source NBU, 2016, june
 Method CPI

The hryvnia, sometimes hryvnya (Ukrainian: гривня, pronounced [ˈɦrɪu̯ɲɑ], abbr.: грн (hrn in the Latin alphabet)); sign: , code: UAH), has been the national currency of Ukraine since 2 September 1996. The hryvnia is subdivided into 100 kopiykas. It is named after a measure of weight used in medieval Kievan Rus'.

The currency of Kievan Rus' in the eleventh century was called grivna. The word is thought to derive from the Slavic griva; c.f. Ukrainian, Russian, Bulgarian, and Serbo-Croatian грива / griva, meaning "mane". It might have indicated something valuable worn around the neck, usually made of silver or gold; c.f. Bulgarian and Serbian grivna (гривна, "bracelet"). Later, the word was used to describe silver or gold ingots of a certain weight; c.f. Ukrainian hryvenyk (гривеник), Russian grivennik (гривенник, "10-kopek piece").

The modern Ukrainian hryvnia is sometimes transliterated as hryvna, hrivna, gryvna or grivna, due to its Russian language counterpart, гри́вна, pronounced grívna. However, the standard English name for the currency is hryvnia.

The National Bank of Ukraine has recommended that a distinction be made between hryvnia and grívna in both historical and practical means.


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