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200 000 Karbovantsiv First Participation in Olympics

Issuer National Bank of Ukraine
Year 1996
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Value 200 000 Karbovantsiv (200 000 карбованців)
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Obverse script Cyrillic
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Reverse description At center, an octagonal cartouche bears a profile portrait of a young woman adorned with a floral wreath, representing a symbolic allegory of Ukraine derived from Hryhoriy Narbut's 1918 banknote design. A frieze of five ancient athletes in classical style appears above the cartouche, while five modern sportsmen are depicted below. To the right of the cartouche is the emblem of the National Olympic Committee of Ukraine, and to the left a two-line inscription АТЛАНТА XXVI. The legend ПЕРША УЧАСТЬ У ЛІТНІХ ОЛІМПІЙСЬКИХ ІГРАХ curves along the upper and lower periphery of the field.
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Ukraine's debut at the Summer Olympics came in Atlanta in 1996, the first Games the country entered as an independent nation following the Soviet dissolution. The timing was tight: independence was declared in August 1991, and the National Olympic Committee of Ukraine received IOC recognition only in 1993, leaving a narrow window to build a team infrastructure from scratch. Ukrainian athletes had competed for the USSR for decades — now they marched under their own flag for the first time in Atlanta, winning 23 medals.

The copper-nickel composition was deliberate budget policy; a silver version was struck simultaneously for collectors, making the base-metal issue the circulation-tier commemorative.

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