Catalog
200 Karbovantsiv
| Issuer | National Bank of Ukraine |
|---|---|
| Year | 1992 |
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| Shape | Rectangular |
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| Obverse description | The central vignette presents the Memorial to the Founders of Kyiv, the 1982 sculptural monument commemorating the city's 1,500th anniversary, rendered in a simplified intaglio style against a light decorative underprint. The denomination numeral and issuer name are arranged around the central motif, with the date 1992 incorporated into the design. Cyrillic inscriptions identify the issuing authority and the coupon denomination. |
|---|---|
| Obverse lettering | УКРАЇНА КУПОН 200 КАРБОВАНЦІВ НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ 1992 (Translation: UKRAINE COUPON 200 KARBOVANTSIV NATIONAL BANK OF UKRAINE 1992) |
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| Comments |
Ukraine's first post-Soviet banknote series was produced under considerable urgency. The Canadian Bank Note Company in Ottawa handled the printing contract — a pragmatic choice, given that Ukraine had no domestic security printing facility capable of meeting the immediate demand following independence in 1991. The karbovanets itself was a transitional currency, never intended as permanent; it replaced Soviet rubles at par before the hryvnia eventually superseded it in 1996.
Hyperinflation rendered the 200 karbovantsiv denomination almost trivial within months of issue. By the mid-1990s, notes in the millions were circulating.