2 Hryvni XXIII Olympic Winter Games

Ukraine has issued commemorative circulation coins for nearly every Winter Olympics since the late 1990s, but the 2018 Pyeongchang issue arrived during one of the more fraught moments in the country's Olympic history. Ukrainian athletes competed under their own flag in South Korea, yet the games were overshadowed by the ongoing conflict in the Donbas and a broader national conversation about athletic funding and infrastructure. The coin entered circulation through the NBU's standard commemorative release program, available at face value through regional bank branches.

Zahreba catalogues this as KM.2.204, placing it within the long-running bimetallic and nickel-brass commemorative series that the NBU has used consistently since the mid-2000s for mid-tier commemorative issues not warranting a silver or gold strike.