Ukrainian karbovanets
| Ukrainian karbovanets | |||||
|---|---|---|---|---|---|
| український карбованець (Ukrainian) | |||||
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| ISO 4217 | |||||
| Code | UAK | ||||
| Denominations | |||||
| Subunit | |||||
| 1/100 | kopiyka (копійка) | ||||
| Plural | karbovantsi (nom. pl.), karbovantsiv (gen. pl.) | ||||
| kopiyka (копійка) | kopiyky (nom. pl.), kopiyok (gen. pl.) | ||||
| Banknotes | 1, 3, 5, 10, 25, 50, 100, 200, 500, 1000, 2000, 5000, 10 000, 20 000, 50 000, 100 000, 200 000, 500 000, 1 000 000 karbovantsiv | ||||
| Demographics | |||||
| User(s) |
 Ukrainian People's Republic (1st) Ukrainian SSR Reichskommissariat Ukraine (2nd) Ukraine (3rd)
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| Issuance | |||||
| Central bank | National Bank of Ukraine | ||||
| Website | www.bank.gov.ua | ||||
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This infobox shows the latest status before this currency was rendered obsolete.
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The karbovanets (Ukrainian: карбованець, karbovanets, plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more), also known as kupon (Ukrainian: купон, kupon, plural: купони, kupony) or coupon, has been a distinct unit of currency in Ukraine during three separate periods of 20th century. It is also a predecessor currency of today's Ukrainian hryvnia.
(17 March 1917 – 29 April 1918) In March 1917 in Kiev some political parties formed the Central Rada which proclaimed on November 20, 1917 the foundation of the Ukrainian People's Republic.
And by just December 19 of the same year, a temporary law about the issue of state banknotes by the UPR was adopted. According to this law: "Bank-notes must be issued in karbovanets" (Ukrainian: Карбованець). Each karbovanets contains 17.424 parts of pure gold and is divided into two hrivnas Ukrainian: Гривня or 200 shahs (Ukrainian: Шаг).
The etymology of the name "karbovanets" is debatable: by one supposition it originated in Ukraine from the ancient primitive way to carve (karbuvaty, Ukrainian: Карбувати) numbers of calculations on a rod, and by another supposition – from the carving (incision) on a rim of a metal rouble.
On January 5, 1918 the first Ukrainian bank-note with a value of 100 karbovanets was issued. There is an interesting detail: the trident depicted on the bank-note was proclaimed as a National Emblem of the UPR only 54 days after its appearing on the bank-note, on March 1, 1918. On all issued bank-notes was stated only one series – "AД" and only one number – 185. Combined with the use of ordinary paper (without water-marks) for printing of this bank-note, this led to the appearance of a great number of counterfeit bank-notes in circulation.
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