Catalog
20 Hriven'
| Issuer | Natsional'niy Bank Ukraïni |
|---|---|
| Year | 2025 |
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| Reference(s) | P#138 |
| Obverse description | The obverse is printed in green and brown tones, centred on an intaglio portrait of Ivan Franko, the celebrated Ukrainian writer and poet, set against a vignette of the Carpathian mountain landscape. The denomination '20' appears in large numerals at lower left, with the Cyrillic inscription 'ДВАДЦЯТЬ ГРИВЕНЬ' running vertically at right; the issuer name 'НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ' and 'УКРАЇНА' are printed at the top, flanking the Ukrainian trident coat of arms. A facsimile signature of the NBU Governor with the title 'Голова' appears at upper left, accompanied by multicolour guilloche underprint elements and an ornamental rosette security feature. |
|---|---|
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| Reverse lettering | 20 Двадцять гривень ГРИВЕНЬ СЛАВА УКРАЇНІ! ГЕРОЯМ СЛАВА! Львівський оперний театр 2025 |
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| Comments |
Ukraine's National Bank has issued several design generations of the 20 hryvnia note since independence, with P#138 representing the most current production run. The serial numbering format and security thread specification on this generation were updated partly in response to counterfeit pressure on earlier issues, a recurring concern given the note's high-velocity role in everyday retail transactions.
Cotton substrate on Ukrainian hryvnia notes has been sourced domestically since the Malopidgirtsi paper mill in Khmelnytsky Oblast came online as a secure supply chain priority — reducing the wartime vulnerability of depending on foreign banknote paper manufacturers.