Catalog
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| Issuer | National Bank of Ukraine |
|---|---|
| Year | 1996 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Karbovanets (1992-1996) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Cyrillic |
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| Reverse lettering | ЛЕСЯ УКРАЇНКА 1871-1913 |
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| Additional information |
Ukraine's post-Soviet hyperinflation was among the worst in Europe during the early 1990s — the karbovanets lost value so rapidly that by 1996 the government was replacing it entirely with the hryvnia at a rate of 100,000 karbovantsiv to one hryvnia. This coin, denominated at one million karbovantsiv, was struck not for circulation but as a collector issue in the final months of the currency's existence, a peculiar artifact of a denomination that was simultaneously enormous and nearly worthless in everyday transactional terms.
Lesya Ukrayinka, the poet honored here, died of tuberculosis in 1913 at forty-two — her image had already appeared on Soviet-era banknotes before Ukraine reclaimed her as a national figure.