2 Hryvni

Ukraine's first post-Soviet banknote series was commissioned before the country had fully disentangled itself from the ruble zone — the 1992 dated notes were printed in Canada but not released into circulation until 1992–1993, as authorities waited out the political and monetary chaos of the transition period. The Canadian Bank Note Company had a strong track record with emerging post-communist states needing secure currency quickly, and Ukraine was not the only former Soviet republic knocking on Ottawa's door that year.

Borys Maksymov and Vasyl Lopata were among the first Ukrainian engravers to work on a sovereign national issue, a detail that mattered politically as much as technically.