Catalog
20 Hryven
| Issuer | National Bank of Ukraine |
|---|---|
| Year | 2018-2023 |
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| Printer | Banknote Printing and Minting Works of the National Bank of Ukraine (Банкнотно-монетний двір Національного банку), Kiev, Ukraine |
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| Obverse description | Intaglio portrait of Ivan Franko (1856–1916), Ukrainian poet, writer, and public intellectual, occupies the centre-right of the face against a multicolour guilloche underprint in shades of green and ochre. To the left of the portrait, an excerpt from Franko's verse is inscribed in stylised script, accompanied by the issuer's name across the top margin and the large numeral '20' in the lower field. The word denomination ДВАДЦЯТЬ ГРИВЕНЬ is integrated into the design along the lower register. |
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| Protection type | Watermark, Security thread |
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| Comments |
Ukraine has printed its own banknotes domestically since the Banknote Printing and Minting Works opened in Kyiv in 1994 — a deliberate infrastructure decision made early in independence to avoid dependence on foreign printers. The P#A126 designation flags this as a later catalogued variant within the 20 hryvnia series, distinguished from earlier issues (P#120, P#126) by updated security specifications introduced incrementally across the 2018–2023 production window.
Cotton substrate and a security thread are modest by modern central bank standards, though Ukraine has progressively upgraded feature sets on higher denominations first.