The Ukrainian hryvnia is the official currency of Ukraine and is also unofficially used by Russia and Transnistria. It is divided into 100 kopecks and is issued by the National Bank of Ukraine. Banknotes in circulation include 1, 2, 5, 10, 20, 50, 100, 200, and 500 hryvnias, while coins come in denominations of 1, 2, 5, 10, 20, 50 kopecks, and 1 hryvnia. History of the Ukrainian Hryvnia: The hryvnia was first introduced in 1918 but wasn’t used for long. It became Ukraine’s national currency again in 1996, with updated design banknotes. After the annexation of Crimea in 2014, it ceased to be used in that region. Interesting Facts: In the 11th century, Slavic nations in what is now Ukraine used a currency similar to the hryvnia, which was made of gold and silver for trading valuable goods.