Catalog
20 Hriven'
| Issuer | Natsional'niy Bank Ukraïni |
|---|---|
| Year | 2023 |
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| Printer | Banknote and Mint Factory of the National Bank of Ukraine |
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| Obverse description | The obverse is dominated by a central vignette of a group of soldiers raising the Ukrainian national flag against a backdrop of allied nations' flags, rendered in a style reminiscent of historical war photography. The upper portion carries a bilingual patriotic inscription in Cyrillic and English text on a light guilloche underprint, alongside the trident coat of arms of Ukraine at upper left and the issuer's name at right. The denomination "20" appears in large numerals at lower left, with the text "ДВАДЦЯТЬ ГРИВЕНЬ" in intaglio print to its right. |
|---|---|
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| Protection type | Colour-shifting ink, Hologram, Security thread, Watermark |
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| Comments |
Ukraine's polymer banknotes are printed domestically at the NBU's own facility in Kyiv — a capability the country has quietly developed since the mid-2000s and one that took on obvious strategic significance after February 2022. Maintaining an in-country print works for a nation at war is not incidental.
The 2023 date on this note reflects an ongoing series refresh rather than a new issue prompted by the invasion. Polymer substrate versions of the 20 Hriven' have circulated alongside paper equivalents; the shift to polymer for this denomination was driven primarily by durability and counterfeiting concerns that predate the current conflict.