The National Bank of Ukraine (NBU) plans to reduce the number of coins to six and the number of banknotes also to six by autumn 2023, Deputy NBU Governor Oleksiy Shaban has said.
“We see that in two years there will be six coins and six bills,” he said during a press briefing in Kyiv on Wednesday.
Currently, there are banknotes in circulation in Ukraine in denominations of UAH 1, UAH 2, UAH 5, UAH 10, UAH 20, UAH 50, UAH 100, UAH 200, UAH 500 and UAH 1000 and coins in denominations of 10, 25 (until October 1, 2020) and 50 kopecks and UAH 1, UAH 2, UAH 5 and UAH 10.
