The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, introduced in 1996 to replace the Karbovanets after hyperinflation following the Soviet Union's collapse. The National Bank of Ukraine (NBU) issues the hryvnia, which is divided into 100 kopiyok. Ukrainian banknotes feature prominent national figures like Taras Shevchenko and Lesya Ukrainka. The currency’s value has fluctuated due to economic crises, political instability, and ongoing geopolitical conflicts. Despite challenges, Ukraine's economy relies heavily on agriculture, IT, and steel exports, influencing the hryvnia's strength.
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