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500 Hryven

Issuer National Bank of Ukraine
Year 2015-2023
Type Standard circulation banknote
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Reverse description Architectural vignette of the Kyiv Mohyla Academy complex, the first institution of higher learning in Ukraine, founded in 1632, rendered in intaglio with fine line engraving against a multicolour guilloche underprint. The denomination "500" appears at left and right margins, with the inscription "Києво-Могилянська академія" below the central vignette. The year of issue is printed at lower center.
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Protection type Watermark, Security thread
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Ukraine prints its own banknotes domestically — a capability established only in 1994, two years after independence, when the Banknote Printing and Minting Works came online in Kyiv. The 500 hryvnia is the highest denomination in regular circulation and bears the full weight of that capacity, incorporating updated security features across the 2015 and subsequent printings as counterfeiting pressure on high-value notes increased.

The P#127 series spans nearly a decade of issue, meaning individual notes within the catalog reference can vary in fine security detail depending on print year — worth noting when assessing against current authentication standards.

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