Catalog
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| Issuer | National Bank of Ukraine |
|---|---|
| Year | 2006-2015 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 154 × 75 mm |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Hryhorii Skovoroda portrait visible when held to light; embedded security thread running vertically through the note. |
| Variants | P#124a - 2006 P#124b - 2011 P#124c - 2014 P#124d - 2015 |
| Comments |
Ukraine's 500 hryvnia denomination has historically been the highest-value note in regular circulation for much of the post-independence period, making it a workhorse of large transactions rather than a curiosity. The series spanning 2006 to 2015 reflects a decade in which Ukraine cycled through severe economic turbulence — the 2008–2009 financial crisis hit the hryvnia hard, with the currency losing roughly 60% of its value against the dollar, sharply eroding the real purchasing power this denomination was meant to carry.
Cotton substrate and a security thread are the primary anti-counterfeiting measures — modest by contemporary European standards, which drew periodic criticism from Ukrainian banking oversight bodies during the series' run.