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| Issuer | National Bank of Ukraine |
|---|---|
| Year | 2025 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ Голова 20 УКРАЇНА Земле, моjа всеплодьучаjа мати! Сили, шчо в твоjіj движель глубині, Краплоу, шчоб в боjу сміліjше стоjати, даj і міні! Іван Franko 20 ДВАДЦЯТЬ ГРИВЕНЬ (Translation: NATIONAL BANK OF UKRAINE Head 20 UKRAINE Earth, my fertile mother, The power that lives in your depth, Drop to stand in the battle more, Give it to me too! Ivan Franko 20 TWENTY HRYVNIAS) |
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| Protection description | Portrait watermark of Ivan Franko |
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| Comments |
Issued in 2025 as part of Ukraine's ongoing wartime commemorative program, this note carries the phrase "Slava Ukraini" — Glory to Ukraine — a salutation that shifted from nationalist slogan to official state greeting after 2018, when the Ukrainian armed forces formally adopted it as a military salutation. The National Bank has leaned heavily into commemorative issues since the 2022 Russian invasion, using the 20 hryvnia format for short runs aimed partly at the collector market and partly at sustaining domestic morale.
Cotton substrate and a single watermark security suite is a lean specification — consistent with limited-issue pieces not intended for heavy ATM cycling.