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1 Hryvnia without mintmark
| Issuer | National Bank of Ukraine |
|---|---|
| Year | 1992-1996 |
| Type | Standard circulation coin |
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| Obverse description | Central field displays the national coat of arms of Ukraine — the trident (trizub) within a shield — flanked on either side by decorative sprigs of wheat and oak leaves in relief. The Cyrillic legend УКРАЇНА arcs along the upper rim, and the date appears in the lower field below the shield. |
|---|---|
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| Obverse lettering | УКРАЇНА 1996 (Translation: Ukraine) |
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| Additional information |
Ukraine's first post-Soviet coinage was authorized in 1992 but held in reserve for years while the country continued using Soviet-era kopecks and the transitional karbovanets coupon currency. The hryvnia itself didn't enter circulation until September 1996, when the National Bank executed a ten-day currency reform replacing the karbovanets at a rate of 100,000 to one.
The absence of a mintmark reflects production at the Luhansk Cartridge Works, the only domestic facility capable of striking coins at the time — an awkward dependency that the Ukrainian Mint in Kyiv was established specifically to end.