100 Hryven Currency Reform

Issued to mark the tenth anniversary of Ukraine's 1996 currency reform, which replaced the karbovanets — a transitional currency that had itself replaced Soviet rubles amid catastrophic post-independence inflation reaching tens of thousands of percent annually. The karbovanets was never intended as permanent; it served as a buffer while the hryvnia was prepared, named in deliberate reference to a medieval Rus monetary unit to anchor the new state's identity in pre-Soviet history.

At one kilogram of .999 silver with a 100 mm diameter, this is among the more physically imposing commemorative issues in the National Bank's catalog. The denomination mirrors the face value of the note being commemorated.