hryvnia - the national currency of Ukraine.However, few people know how it came, it came from the name and all that it represents.It is necessary to fill this gap in knowledge.
Where did the word "UAH"?
name such currency as the hryvnia, in tune with the Sanskrit word which means "neck."In the story, you can find a lot of references to the fact that our ancestors wore on his neck the gold UAH - round plates fastened together with wire.Often, these decorations were used, and as the price of any goods or services.The name "UAH" comes from these very hryvnia used back in the Kievan Rus.Since the founding of the ancient Russian state hryvnia had three meanings: a measure of weight, badge and coins.Currency of Ukraine under the same name appeared already in the times of the Ukrainian People's Republic (early twentieth century).
History of hryvnia
hryvnia - it is money, counting and weighing unit of Kievan Rus.In Europe, it was called "Mark".As mentioned above, jewelery eventually acquired a different value, and it was equal to the number of valuable metal.Since the silver bar is composed of a certain number of coins, and then there was the expense of its constituent currency.UAH, as a result, it has become the main and the only payment concept in Russia.Initially, the weight of the monetary unit, which subsequently will be called "currency of Ukraine" was the same.Once stopped chasing the ancient gold and silver coins, in connection with the receipt of foreign coins, the main form of financial circulation in Kievan Rus was called "coin hryvnia."Already in the eleventh century they were in circulation hexagonal hryvnia, which weighed about 150 g, and serves as the unit of payment to the Mongol-Tatar yoke.In the thirteenth century the Novgorod ingots of silver were called rubles, and the word is gradually superseded the hryvnia.It is believed that this is due to the fact that the latter rubilas into equal parts, which gave way, the name of the new banknotes.Already in the fifteenth century, the hryvnia no longer be used as means of payment, as it significantly increased the scale of coinage rubles, which have since established themselves and became the basic unit in the monetary-counting system.
«Revival" hryvnia in the twentieth century
In money circulation the hryvnia, as the main currency of Ukraine, was introduced in 1996, on 2 September.Prior to that, since 1990, it was added to the territory of the Ukrainian Soviet Socialist Republic to the Soviet ruble, and used as a one-time cutting coupons, which were printed on sheets of A4.
since January 1992, the Government introduced the so-called coupons - temporary Ukraine notes that were denominated in rubles.They were called karbovancev.
hryvnia as the official currency of Ukraine was introduced by special decree of the President of Ukraine Leonid Kuchma August 25, 1996.To exchange karbovancev on hryvnia exchange rate was necessary.Ukraine, however, was not ready to print huge amount of notes, so the first batch was released in Canada.
Already since September 1996 began the process of exchanging coupons for karbovancev hryvnia.The ratio was approximately the following: 100 000 karbovancev equivalent to one hryvnia.All the country's banks have since issued exclusively hryvnia.Exchange procedure ended in 1998.
Ratings and symbols bills
characters, see the monetary unit is the Cyrillic letter with two horizontal dashes that symbolize stability.The official hryvnia decline is only "USD.".All other options are considered erroneous.Sign of the hryvnia has been proposed on 1 March 2004 and received by the Unicode code U + 20B4.In 1991, the Supreme Soviet of the USSR planned banknote denominations of 200, 100, 50, 25, 10, 5, 3, 1. 3 and 25 later replaced by 2 and 20. Envisioned as backup and two banknotes of 200 and 5 hryvnia.Order dated 12.02.1996 of the Supreme Rada of Ukraine hryvnia ratings were supplemented by another backup banknote 500 hryvnia, which entered into circulation in September 2006.
rate of the national currency of Ukraine
hryvnia to the dollar for the first two years after its introduction about was as follows: two hryvnia per dollar.Following a severe crisis in 1998, the ratio declined rapidly up to five and a half USD.per dollar.Since 2005, the National Bank of Ukraine to maintain a stable fixed rate, however, has since July 2008, he became floating.Around the same time, set the following exchange rates:
1. Ukrainian hryvnia against the ruble 4 rubles for one hryvnia.
2. The course of the monetary unit of Ukraine the euro was six to one.
3. Ukrainian hryvnia to the dollar, one to five.
spring of 2014 the hryvnia to the US currency peaked in history: nearly fifteen to one.But in relation to the Russian ruble fell slightly: now the hryvnia can buy three and a half rubles.National Bank of Ukraine predicts the strengthening of the national currency against the dollar and the euro by the end of this year and promises to keep exchange rate is not higher than twelve hryvnia for one dollar.
